Company Number: 12537929

Analysis Date: 2025-07-29 13:43 UTC

1. Risk Rating: LOW to MEDIUM
   Berisha Trading Ltd shows improving net assets and current asset position over recent years, indicating a recovering financial footing. The company is active, compliant with filings, and operates in the food service and retail sectors. However, the micro-entity size and modest capital base limit financial resilience.

2. Key Concerns:

• Liquidity Variability: Current liabilities decreased substantially from £50,450 in 2023 to £39,189 in 2024, while current assets increased slightly. This improved net current assets from negative £3,127 in 2023 to positive £10,213 in 2024, but the historical volatility suggests fluctuating liquidity that merits monitoring.
• Minimal Share Capital: The issued share capital of only £2.00 is very low, indicating limited equity buffer to absorb financial shocks or support growth.
• Concentration of Control and Operations: Two directors with personal addresses matching the company location may imply a closely held, potentially owner-managed business. While common in micro businesses, this can pose operational risks if key individuals are unavailable or if governance is informal.

3. Positive Indicators:

• Compliance and Timely Filing: No overdue accounts or confirmation statements; filings are up to date, reducing regulatory risk.
• Increasing Net Assets: Net assets grew from £2,840 in 2023 to £14,688 in 2024, showing an improving balance sheet position.
• Stable Workforce: Average employee count steady at 8, indicating operational stability.

4. Due Diligence Notes:

• Review underlying causes for the significant swing in current liabilities and net current assets between 2023 and 2024 to understand working capital management and cash flow dynamics.
• Assess profitability trends and cash flow statements (if available) to confirm operational sustainability beyond balance sheet snapshots.
• Investigate governance practices given the director structure and related-party transactions, if any.
• Confirm no director disqualifications or adverse regulatory issues associated with management.
• Understand market position and competitive risks in the licensed/unlicensed restaurant and retail food sectors.