BABLOK LTD
Executive Summary
Bablok Ltd is a recently incorporated micro-entity operating in the licensed restaurant sector, currently showing negative net assets and working capital deficits. While statutory filings are up to date and the sole director exercises full control, the absence of employees and limited financial history raise significant solvency and operational risks. Further investigation into cash flow and business progress is essential to assess future sustainability.
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This analysis is opinion only and should not be interpreted as financial advice.
BABLOK LTD - Analysis Report
Risk Rating: HIGH
The company currently exhibits negative net assets and net current liabilities, indicating insolvency risk. The absence of employees and being in the start-up phase with limited operational history further increases uncertainty.Key Concerns:
- Negative Net Assets (£-5,683) and Net Current Liabilities (£-20,334): The company’s liabilities exceed its assets, which suggests potential solvency issues and inability to meet short-term obligations.
- No Employees Reported: The company recorded zero employees during the period, raising questions about operational capacity and scalability.
- Early Stage with Limited Financial Data: Incorporated in April 2023, the company has a very short trading history and no profit and loss account filed, limiting insight into revenue generation and operational sustainability.
- Positive Indicators:
- No Filing Delinquencies: Accounts and confirmation statements are up to date without overdue filings, indicating compliance with statutory requirements.
- Single Owner with Full Control: The sole director and 100% shareholder, Mr Maltin Shtylla, is actively involved, which could facilitate decisive management and swift decision-making.
- Registered in a Licensed Restaurant Industry (SIC 56101): The business operates in a defined sector with potential for revenue once established.
- Due Diligence Notes:
- Investigate the company’s cash flow projections and funding sources to understand how it intends to resolve the current negative working capital.
- Obtain management accounts or trading updates to assess operational progress since incorporation and potential revenue streams.
- Confirm whether any related party transactions or director loans are supporting the company’s finances.
- Review the business plan and marketing strategy to evaluate viability in the competitive licensed restaurant market.
- Verify the director’s background and experience beyond the stated occupation (Executive Chef) for operational management capability.
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