Company Number: 14157481

Analysis Date: 2025-07-20 15:08 UTC

1. Risk Rating: LOW

Justification: AMINACARE LTD is a recently incorporated (2022) micro-entity with modest net assets and current assets exceeding current liabilities in the latest two reported years. The company is up to date with filing deadlines and shows no overdue accounts or confirmation statements. The director and sole shareholder controls the company fully, indicating clear governance lines. The business operates in the "Other human health activities" sector, which typically requires compliance but does not inherently suggest elevated risk from the limited data provided.

2. Key Concerns:

• Declining net current assets: Net current assets have decreased from £2,566 in 2023 to £707 in 2024, indicating reduced short-term liquidity.
• Very low absolute asset base: Total net assets of £707 are minimal, implying limited financial buffer against unexpected costs or downturns.
• Single director/shareholder concentration risk: Control by one individual (Amina Abdi Hassan) presents succession and governance risk if unforeseen issues arise.

3. Positive Indicators:

• No overdue filings: The company is compliant with Companies House filing requirements, reducing regulatory risk.
• Positive net current assets: Despite decline, the company still maintains positive working capital.
• Stable operational headcount: Having one employee consistently suggests operational continuity at a micro scale.
• Clear ownership and control: The sole director and 75-100% shareholder is transparent and from the same address as the company, indicating direct management oversight.

4. Due Diligence Notes:

• Investigate reasons behind the sharp decline in current assets and net current assets from 2023 to 2024 to assess cash flow and operational performance.
• Review any off-balance sheet liabilities or contingent risks not reflected in micro-entity filings.
• Confirm any regulatory licenses or compliance obligations specific to the human health activities sector and verify ongoing adherence.
• Obtain more detailed management accounts or cash flow statements to evaluate sustainability beyond the snapshot balance sheet.
• Assess business plan and growth prospects given the small asset base and limited employee count.