AL-WAKEEL LTD
Company number SC722898 · Monitor this company
This analysis was written by an AI from the company's public filings. It may contain errors or omissions and is not financial or professional advice.
AL-WAKEEL LTD - Analysis Report
Company Number: SC722898
Analysis Date: 2025-07-20 17:07 UTC
Risk Rating: HIGH
Justification: The company exhibits extremely minimal net assets (less than £1) and virtually no working capital buffer, indicating very limited financial resilience. The micro-entity scale, single employee/director, and minimal asset base raise significant concerns about its ability to meet obligations or sustain operations.Key Concerns:
- Minimal Net Assets and Working Capital: Net assets stand at approximately £0.82 with current assets barely exceeding current liabilities by £1.82, signaling fragile solvency and liquidity positions.
- Limited Scale and Operational Data: The company is a micro-entity with only one employee/director, which may imply limited operational capacity and business activity level.
- Lack of Audit and Detailed Financial Information: Exemption from audit under micro-entity provisions means financial information is limited and unaudited, reducing transparency and assurance about financial health.
- Positive Indicators:
- Current and Confirmation Statements Up to Date: There are no overdue filings, indicating compliance with Companies House requirements to date.
- Active Company Status: The company remains active and not in liquidation or administration, suggesting ongoing business activity.
- Single Director with Full Control: Clear ownership and director structure reduces governance complexity.
- Due Diligence Notes:
- Investigate underlying business operations and revenue generation to assess sustainability beyond minimal financial metrics.
- Request management accounts or cash flow statements to ascertain liquidity beyond year-end snapshots.
- Confirm the nature and collectability of current assets, as well as the timing of liabilities due within one year.
- Review any related party transactions or director loans that might impact financial position.
- Verify the company’s business plan and strategy given its micro scale and limited resources.
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