Company Number: 14817971

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

1. Risk Rating: MEDIUM
   Borjgali Consultancy Ltd is a micro-entity incorporated in April 2023 with minimal net assets (£12) and a very small equity base. While it is current with filings and shows no overdue returns, the company’s extremely low net assets and nearly balanced current assets and liabilities indicate limited financial buffer. The director loan to the company and lack of profit and loss detail also suggest early-stage operational and financial fragility.

2. Key Concerns:

• Very Low Net Assets and Working Capital: Net current assets of only £12 and net assets of £12 provide negligible cushion for liabilities or unexpected expenses.
• Director Loan: The company has an interest-free loan to a director amounting to £8,223, which may affect cash availability and raise questions about related party transactions and governance.
• Lack of Profit and Loss Data: Absence of a profit and loss account filing limits insight into operational profitability, cash flows, or revenue generation, making assessment of sustainability difficult.

3. Positive Indicators:

• Compliance with Filing Deadlines: All statutory accounts and confirmation statements are up to date with no overdue filings, indicating sound regulatory compliance.
• Active Status and Employment: The company is active with 2 employees, suggesting ongoing operations rather than dormancy.
• Clear Ownership and Management: The majority shareholder and director are identified with no indication of disqualification or regulatory actions.

4. Due Diligence Notes:

• Investigate the nature and terms of the director loan, including repayment plans and purpose, to assess financial implications.
• Obtain or review internal management accounts or profit and loss statements to evaluate revenue, expenses, and cash flow trends.
• Verify operational business model viability given minimal assets and early stage; assess client base and pipeline.
• Confirm absence of any contingent liabilities or off-balance-sheet obligations not disclosed in micro-entity filings.