Company Number: 15024803

Analysis Date: 2025-07-29 13:21 UTC

1. Risk Rating: MEDIUM
   The company is newly incorporated (July 2023) with limited financial history. While it shows positive net assets and no overdue filings, the negative net current assets and significant investment in fixed assets relative to cash raise liquidity concerns typical of early-stage businesses.

2. Key Concerns:

• Liquidity Position: Current liabilities (£36,029) slightly exceed current assets (£35,812), resulting in negative net current assets (-£217), which may indicate tight short-term cash flow.
• Asset Concentration: A large portion of assets (£39,454) is tied up in tangible fixed assets (motor vehicles and computer equipment), which may not be easily liquidated if immediate cash is required.
• Limited Operating History: Incorporated in July 2023, the company has less than a year of trading data. This limited track record makes it difficult to assess sustainable profitability and operational stability.

3. Positive Indicators:

• Solvent Position: Net assets are positive at £39,237, indicating the company is solvent at the balance sheet date.
• Compliance: No overdue accounts or confirmation statement filings, reflecting good regulatory compliance to date.
• Shareholder Support: Majority control by Dr Nancy Sharma and significant involvement of Dr Asit Kumar suggest committed management with direct control, which could facilitate decision-making and capital support if needed.

4. Due Diligence Notes:

• Review cash flow forecasts to understand how the company plans to manage working capital given the slight current asset shortfall.
• Investigate the nature and necessity of the fixed asset investments (motor vehicles and computer equipment) and their usage in the business model.
• Assess turnover and profitability trends since incorporation to evaluate operational sustainability.
• Confirm absence of director disqualifications or regulatory issues beyond the filings.
• Clarify the company’s business plan given the dual SIC codes (hairdressing/beauty treatment and other human health activities), including how these services generate revenue and their market position.