Company Number: 15435661

Analysis Date: 2025-07-20 17:18 UTC

1. Risk Rating: MEDIUM
   The company is newly incorporated (January 2024) with minimal net assets (£13) and very limited financial history. Current liabilities are nearly equal to current assets, indicating tight working capital. The small scale and early stage increase operational and liquidity risk, but no overdue filings or insolvency indicators reduce immediate concerns.

2. Key Concerns:

• Liquidity Risk: Net current assets stand at only £13 with cash of £3,400 against current liabilities of £5,249, indicating very tight short-term liquidity and potential cash flow constraints.
• Operational Scale and Sustainability: With only 3 employees and very limited equity (£13), the company may struggle to scale operations or absorb shocks. No turnover or profitability figures are reported, making sustainability uncertain.
• Concentration of Control and Governance: Single director and 75-100% shareholder control by Mr. Tulsi Mahto may raise governance risks, including lack of oversight or succession planning at this early stage.

3. Positive Indicators:

• Compliance and Governance: All statutory filings (accounts and confirmation statement) are up to date and not overdue, indicating good compliance discipline.
• Clear Accounting Policies: Financial statements prepared under FRS102 small entities standard and exempt from audit, appropriate for size. Transparent notes provide clarity on financial position.
• No Indication of Insolvency: The company is active, not in liquidation, administration, or receivership, and shows positive net assets albeit minimal.

4. Due Diligence Notes:

• Verify the nature and timing of revenue generation, as turnover information is not disclosed. Confirm if the company is generating sustainable income given the small asset base.
• Review cash flow forecasts and creditor payment terms to assess how liquidity pressures will be managed.
• Assess director’s business plan and financial backing given the minimal equity and concentration of control.
• Confirm any contingent liabilities or related party transactions not disclosed in the abbreviated accounts.
• Monitor future filings for any significant changes in financial health or operational scale.