BARGAIN WONDERLAND LIMITED

Executive Summary

Bargain Wonderland Limited faces high financial risk due to ongoing negative net asset positions and acute liquidity shortfalls. Although regulatory filings are up to date, the company’s financial health and operational viability raise significant concerns for investors. Further investigation into its business activities and financial strategy is recommended before considering any investment.

BARGAIN WONDERLAND LIMITED - Analysis Report

Company Number: SC684160

Analysis Date: 2025-07-29 19:36 UTC

1. Risk Rating: HIGH
   The company exhibits significant solvency risk characterized by persistent net liabilities and negative shareholders' funds worsening year-over-year. Current assets are minimal and insufficient to cover current liabilities, indicating liquidity constraints.

2. Key Concerns:

• Negative Net Assets: The net liabilities have increased from -£326 in 2021 to -£6,401 in 2024, highlighting deteriorating financial stability.
• Poor Liquidity Position: Current assets (£80 in 2024) are vastly below current liabilities (£6,021), suggesting an inability to meet short-term obligations without refinancing or new capital injections.
• No Employees and Limited Operational Scale: The company reports zero employees, which may point to a non-operational or dormant trading status despite being active, raising concerns over its operational sustainability.

3. Positive Indicators:

• Compliance with Filing Requirements: No overdue accounts or confirmation statements indicate the company is maintaining regulatory compliance.
• Low Share Capital: While minimal (£1.00), this limits potential shareholder liability exposure.
• Exemption from Audit: Micro-entity status reduces administrative burden, which might be suitable for a small-scale or startup operation.

4. Due Diligence Notes:

• Investigate the nature and cause of the persistent and worsening negative equity position.
• Review cash flow statements or management accounts (if available) to assess operational cash generation or reliance on external financing.
• Clarify the business model and trading activity given the absence of employees and very low current assets.
• Confirm whether there are any contingent liabilities or off-balance-sheet obligations not disclosed.
• Evaluate director’s plans or strategies to address the financial deficits and sustain operations.