Company Number: 14223724

Analysis Date: 2025-07-20 17:09 UTC

1. Risk Rating: HIGH
   The company’s solvency position is negative with net liabilities of £671 as at 31 July 2023. Current liabilities exceed current assets by £1,030, indicating insufficient short-term liquidity to meet obligations. The company has no employees and minimal fixed assets, reflecting limited operational scale and possibly restricted revenue generation capability.

2. Key Concerns:

• Negative Net Assets: The company’s net liabilities position signals potential insolvency risk if losses continue or additional capital is not injected.
• Working Capital Deficit: Current liabilities surpass current assets, suggesting liquidity stress and difficulty in meeting short-term obligations.
• Lack of Operational Activity: Zero employees and the micro-entity status with minimal assets may point to limited business activity or early-stage development without established revenue streams.

3. Positive Indicators:

• Compliance: The company has filed accounts and confirmation statements on time, with no overdue filings or penalties noted.
• Clear Ownership Structure: Significant control is held by a single individual (Amir Nisar) who is an active director, providing governance continuity.
• Exemption from Audit: As a micro-entity, the company benefits from reduced compliance burden, which is typical for early-stage or small businesses.

4. Due Diligence Notes:

• Investigate Business Model and Revenue Generation: Understand how the company intends to achieve sustainable operations given current financial deficits and lack of employees.
• Review Cash Flow Projections and Funding Plans: Ascertain whether there is access to additional capital or credit facilities to cover working capital shortfalls.
• Clarify Control and Ownership Changes: The data shows two individuals with control notified; verify current ownership and director roles, especially given recent director changes in 2023.