BISMILLAH ACCOUNTANTS LIMITED

Executive Summary

Bismillah Accountants Limited operates with minimal capitalization and very limited financial resources, which poses a high solvency risk. While the company maintains good compliance with filing deadlines and has capable management, its operational scale and financial position raise concerns about sustainability and liquidity. Further detailed financial and operational due diligence is recommended before considering investment.

BISMILLAH ACCOUNTANTS LIMITED - Analysis Report

Company Number: 13167206

Analysis Date: 2025-07-20 13:41 UTC

1. Risk Rating: HIGH
   Justification: The company shows extremely limited financial resources with net assets and cash balances of only £608 as of the latest accounts. It has minimal operational scale (one employee), negligible share capital (£1), and no substantive current assets or equity buffer. This financial profile suggests a high risk of insolvency or inability to meet obligations if unexpected expenses or liabilities arise.

2. Key Concerns:

• Insufficient Capitalization: Share capital of £1 and net assets just £608 indicate minimal funds to support operations or absorb losses.
• Limited Financial Data: The company files abridged unaudited accounts with very sparse information, hindering thorough assessment of financial health or profitability.
• Operational Scale and Sustainability: Only one employee reported, and minimal current assets, raising questions on business viability and growth prospects.

3. Positive Indicators:

• Compliance with Filing Requirements: No overdue accounts or confirmation statements indicate good regulatory standing and administrative discipline.
• Active Status and Recent Director Appointment: The company remains active with a recently appointed director who is a certified accountant, potentially benefiting governance and financial management.
• Clear Ownership and Control: Single person with full ownership and voting rights may allow for agile decision-making.

4. Due Diligence Notes:

• Verify the nature and scale of current business activities to assess revenue generation capacity and sustainability.
• Obtain detailed management accounts or bank statements to evaluate cash flow trends beyond the snapshot provided by year-end cash balances.
• Confirm any contingent liabilities, related party transactions, or off-balance sheet commitments not disclosed in the abridged accounts.
• Review director background and any potential conflicts of interest given the small size and concentrated control.
• Investigate plans for capitalization or funding to support growth and meet obligations.