Company Number: 12788714

Analysis Date: 2025-07-20 14:50 UTC

1. Risk Rating: LOW

Justification: CLEANING NATIONWIDE LTD demonstrates positive net current assets and net assets with a consistent increase over recent years. The company is classified as a micro-entity, actively filing accounts and confirmation statements on time, indicating compliance. There is no evidence of insolvency or financial distress in the data provided.

2. Key Concerns:

• Limited Scale of Operations: The company has only one employee on average for the latest year, which may raise questions about operational capacity and scalability.
• Narrow Share Capital: The issued share capital is nominal (£1.00), which may limit financial flexibility and capital structure robustness.
• Website Discrepancy: The company’s website describes a private security business, which is inconsistent with the SIC code for specialised cleaning services (81222). This could suggest outdated or inaccurate public-facing information or potential confusion regarding business activities.

3. Positive Indicators:

• Strong Working Capital Position: Net current assets have increased from £2,313 in 2023 to £11,103 in 2024, indicating improved liquidity and ability to meet short-term liabilities.
• Consistent Compliance: Accounts and confirmation statements are up to date with no overdue filings, reducing regulatory risk.
• Sole Control by Experienced Director: Mr. Shahid Ali Virk holds 75-100% ownership and remains a director, ensuring clear control and accountability.

4. Due Diligence Notes:

• Verify the nature of business activities to resolve the discrepancy between the SIC classification and website content.
• Review detailed cash flow information (not available here) to confirm ongoing liquidity beyond balance sheet snapshots.
• Assess operational sustainability given the small workforce and minimal share capital.
• Confirm any related party transactions or guarantees provided by the sole director.