Company Number: 15019008

Analysis Date: 2025-07-29 20:32 UTC

1. Risk Rating: HIGH
   The company shows a marginally negative net current asset position and net liabilities, albeit minimal (£-34), which is a red flag given the micro-entity status and short operating history. The limited financial buffer raises concerns about solvency and liquidity.

2. Key Concerns:

• Negative Net Assets: The reported net assets (liabilities) of £-34 indicate that current liabilities slightly exceed current assets, suggesting potential challenges in meeting short-term obligations.
• Minimal Operating History: Incorporated in July 2023 with just one financial year ending July 2024, the company lacks an established track record to assess operational stability or revenue generation.
• Single Director and Shareholder Control: Miss Salma Nasreen holds 75-100% shares and voting rights, concentrating control risk and reducing governance checks that might otherwise mitigate operational or compliance risks.

3. Positive Indicators:

• Up-to-date Filings: All statutory filings, including accounts and confirmation statements, are current and not overdue, indicating management's compliance with regulatory requirements.
• Micro-entity Filing Status: The company benefits from simplified reporting requirements, which is appropriate given its size and reduces administrative burden.
• Active Website and Contact Information: The company maintains an active website and accessible contact details, suggesting operational intent and transparency.

4. Due Diligence Notes:

• Verify the nature and timing of current liabilities to understand liquidity pressures. Are these trade payables, loans, or other obligations?
• Investigate revenue streams and cash flow status to assess whether the company can sustain ongoing operations and improve its balance sheet.
• Review director background and any other directorships held by Miss Nasreen to identify potential conflicts of interest or governance concerns.
• Request recent management accounts or forecasts to evaluate the near-term business outlook given the limited historical data.
• Confirm the reason for the negative net asset position and whether shareholders have plans to inject additional capital.