Company Number: 15786933

Analysis Date: 2025-07-20 11:45 UTC

1. Risk Rating: MEDIUM

Justification: AP Visioncare Ltd is a newly incorporated small private limited company with net assets of £5,430 and positive net current assets of £12,297 as at 31 March 2025. However, it carries non-current liabilities in the form of a director’s loan (£7,767), which indicates some reliance on internal financing. The company is not overdue on filings and appears compliant but has limited operational history and scale, which increases risk. Liquidity is adequate but modest.

2. Key Concerns:

• Reliance on Director Loan: The company’s non-current liabilities consist solely of a director loan, which may indicate external financing constraints or undercapitalization at startup stage.
• Limited Financial History & Scale: Incorporated mid-2024, with only one employee and minimal fixed assets, there is limited data to assess operational sustainability or growth prospects.
• Modest Net Assets & Working Capital: Net assets of £5,430 and net current assets of £12,297 are low, suggesting limited buffer against unforeseen liabilities or downturns.

3. Positive Indicators:

• Positive Net Current Assets: Current assets exceed current liabilities by £12,297, indicating short-term liquidity should be sufficient to meet immediate obligations.
• Compliance with Filing Deadlines: No overdue accounts or confirmation statements, reflecting good regulatory adherence.
• Single Controlling Shareholder: Full control by a single director/shareholder (Asmaa Patel) may facilitate quick decision-making and alignment on strategy.

4. Due Diligence Notes:

• Investigate the terms and repayment schedule of the director’s loan to assess any potential liquidity strain or contingent liabilities.
• Review business plan and cash flow forecasts to evaluate operational sustainability, given the start-up phase.
• Verify the source and sustainability of revenue streams underpinning the reported turnover and debtors.
• Confirm that no related party transactions or contingent liabilities exist beyond those disclosed.
• Monitor ongoing compliance and future filings, given the company’s young age and limited track record.