CONCIERGE LONDON CLUB LTD

Executive Summary

Concierge London Club Ltd maintains a solid financial position with positive net assets and compliance with filing requirements, indicating low immediate risk. However, the notable decline in current assets and lack of employees suggest the need for further review of liquidity and operational viability. Sole director control is a governance consideration for potential investors.

CONCIERGE LONDON CLUB LTD - Analysis Report

Company Number: 13953168

Analysis Date: 2025-07-20 14:48 UTC

1. Risk Rating: LOW

The company demonstrates a healthy net asset position and positive working capital with no overdue filings or indication of financial distress. Its micro-entity status suggests a small scale of operations, which typically limits complexity but also risk exposure.

2. Key Concerns:

• Declining Current Assets: Current assets have decreased from £108,699 in 2023 to £63,904 in 2024, which may indicate reduced liquidity or cash inflows.
• No Employees Reported: The company reported zero employees including directors, which may raise questions about operational capacity and sustainability.
• Single Director and Sole Shareholder Control: Full control by one individual (Mr. Oday Niama) concentrates governance risk and decision-making, which may affect oversight.

3. Positive Indicators:

• Positive Net Current Assets and Net Assets: The company maintains net current assets of £55,089 and net assets of the same amount, indicating solvency and working capital adequacy.
• Up-to-date Filings: Both accounts and confirmation statements are filed on time with no overdue notices, reflecting compliance with regulatory requirements.
• No Audit Requirement and Exemption Claimed: The company complies with small company accounting provisions, reducing administrative burden and indicating scale.

4. Due Diligence Notes:

• Investigate the reason for the significant reduction in current assets over the last year and its impact on liquidity.
• Confirm the nature of operations given the absence of employees; determine if services are outsourced or if the company is dormant operationally despite active status.
• Review governance arrangements in light of sole director/shareholder control to assess risk of unilateral decisions and safeguards in place.
• Verify whether there are any contingent liabilities or off-balance-sheet obligations not reflected in the micro-entity accounts.