BIBBY MEDICAL LIMITED

Executive Summary

Bibby Medical Limited is a recently formed private limited company with minimal financial substance and limited operating history, resulting in a high-risk profile from a solvency and operational perspective. While the company maintains regulatory compliance and transparency, the lack of assets and revenue data warrants cautious further investigation before considering any investment exposure.

BIBBY MEDICAL LIMITED - Analysis Report

Company Number: 15075375

Analysis Date: 2025-07-29 20:10 UTC

1. Risk Rating: HIGH
   Justification: The company is newly incorporated with minimal financial activity and negligible net assets (£2). There is no profit and loss data filed, limited operating history, and a sole director/shareholder structure, all of which indicate a high level of uncertainty and risk regarding solvency and operational sustainability.

2. Key Concerns:

• Insufficient Financial Substance: Total net assets and current assets are only £2, suggesting no meaningful capital base to support operations or liabilities.
• Lack of Operating History: Incorporated in August 2023 with only a single accounting period reported; no evidence of revenue or profit generation, raising concerns about business viability.
• Single Director and Shareholder Control: Concentration of control in one individual may pose governance risks and limit oversight or checks and balances.

3. Positive Indicators:

• Compliance with Filings: Accounts and confirmation statement are filed on time, indicating adherence to regulatory requirements and good standing with Companies House.
• No Overdue Filings or Penalties: The company appears current with its statutory obligations, minimizing regulatory risk at this stage.
• Clear Ownership Transparency: PSC details are disclosed and consistent with director appointments, improving transparency.

4. Due Diligence Notes:

• Investigate Business Model and Revenue Streams: Obtain information on operational activities, contracts, or clients to assess sustainability and cash flow prospects.
• Review Director’s Background and Financial Standing: Evaluate the experience and financial strength of the sole director/shareholder to understand capacity to support the business.
• Confirm Absence of Undisclosed Liabilities: Ensure there are no significant contingent liabilities or debts not reflected in the minimal financial statements.