Company Number: 15168545

Analysis Date: 2025-07-20 13:41 UTC

1. Risk Rating: LOW

Justification: AUXM Ltd is a newly incorporated private limited company (incorporated September 2023) with a modest balance sheet reflecting start-up scale operations. The company is active, current with all statutory filings, and shows a positive net asset position with shareholders’ funds of £6,986. No overdue filings or indications of financial distress are present.

2. Key Concerns:

• Limited Financial History: Being a very recent start-up with only one financial period completed, there is limited financial performance data to assess operational sustainability or growth trajectory.
• Small Scale of Operations: The company employs only one person (the director), and current assets are minimal (£8,986), which may limit operational flexibility or resilience to cash flow shocks.
• Lack of Profit and Loss Details: The accounts do not include a profit and loss account or narrative on trading results, restricting insight into revenue generation, profitability, or cash flow adequacy.

3. Positive Indicators:

• Positive Net Asset Position: Shareholders’ funds stand at £6,986, indicating the company is solvent with net assets exceeding liabilities.
• Compliance: All statutory filings including accounts and confirmation statements are up to date with no overdue returns or penalties.
• Clear Ownership and Control: A single director and 75-100% shareholder Mr. Ronak Patel provides clarity on governance and decision-making lines.

4. Due Diligence Notes:

• Obtain detailed management accounts or P&L information to understand trading performance, revenue streams, and profitability.
• Assess the company’s business plan and cash flow forecasts to evaluate operational sustainability given its start-up status and limited current assets.
• Verify any contingent liabilities or off-balance sheet commitments not disclosed in the limited accounts.
• Confirm no director disqualifications or regulatory issues exist beyond the Companies House data.
• Review the company’s market positioning within SIC 47730 (dispensing chemist in specialised stores) to understand competitive risks.