ANGLO ORIENTAL IMPORT, EXPORT, & DISTRIBUTION CO. LTD

Executive Summary

Anglo Oriental Import, Export, & Distribution Co. Ltd demonstrates a precarious financial position characterized by negligible net assets and extremely low cash reserves, raising significant liquidity and solvency concerns. The company’s reliance on amounts owed by related parties compounds the risk, although timely regulatory compliance and group affiliation provide some mitigating factors. Further detailed investigation into cash flow and intercompany balances is recommended to better understand operational viability.

ANGLO ORIENTAL IMPORT, EXPORT, & DISTRIBUTION CO. LTD - Analysis Report

Company Number: 12673470

Analysis Date: 2025-07-20 16:15 UTC

1. Risk Rating: HIGH
   The company exhibits a very low net asset base (£8 as of 2023) and minimal cash on hand (£25), alongside current liabilities almost equal to current assets. This indicates a fragile financial position with significant solvency and liquidity risks.

2. Key Concerns:

• Severe reduction in net current assets: From £3,426 in 2022 to £8 in 2023, highlighting a dramatic deterioration in working capital.
• Extremely low cash balance: £25 at year-end 2023, which raises serious concerns about the company’s ability to meet immediate obligations.
• Large receivables from group undertakings: Debtors largely comprise amounts owed by a related party (£46,665 in 2023), which may not be readily convertible to cash, increasing liquidity risk.

3. Positive Indicators:

• No overdue filings: Both accounts and confirmation statement are filed on time, indicating good compliance with regulatory requirements.
• Active trading status with a director in place: Suggests ongoing management and operational continuity.
• Part of a larger group: The company is a wholly owned subsidiary of Sporting Wholesale Holdings Limited, which might provide some group support or resources.

4. Due Diligence Notes:

• Investigate the nature and collectability of intercompany debt: The large debtor balance owed by group undertakings is critical to cash flow and solvency.
• Examine cash flow statements and trading performance: To assess operational sustainability beyond balance sheet snapshots.
• Review director and shareholder intentions: To understand plans for recapitalization or restructuring, given the minimal equity and working capital.
• Confirm any contingent liabilities or off-balance sheet items: Which may further impact financial stability.