Company Number: 15077195

Analysis Date: 2025-07-20 14:49 UTC

1. Risk Rating: HIGH

Justification: COURIER MASTERS LTD is a recently incorporated micro-entity (August 2023) with minimal financial activity reflected in its first set of accounts ending August 2024. The company shows very limited current assets (£5) relative to fixed assets (£24,999) and no current liabilities, but its overall asset base is extremely small. There is minimal working capital, and the business has only one employee. The absence of turnover and cash reserves raises significant concerns about operational liquidity and sustainability.

2. Key Concerns:

• Liquidity Risk: Current assets amount to just £5, indicating negligible cash or near-cash resources to meet short-term obligations or operational expenses.
• Operational Stability: With only one employee and no reported turnover or revenue figures, the company’s ability to generate sustainable income is uncertain.
• Limited Financial Disclosure: As a micro-entity, the company benefits from reduced reporting requirements, meaning critical information such as profit and loss, cash flow, and detailed operational performance is unavailable.

3. Positive Indicators:

• No Overdue Filings: The company has filed accounts and confirmation statements on time, reflecting compliance with statutory requirements.
• No Current Liabilities: The absence of creditors within one year suggests no immediate payment obligations, reducing short-term solvency pressure.
• Single Controlling Shareholder/Director: Mr. Jeremy Daniel Manoharan’s full control may facilitate swift decision-making.

4. Due Diligence Notes:

• Investigate the company’s business model and revenue generation plans given the lack of reported turnover.
• Confirm the nature and value of fixed assets (£24,999) and assess their liquidity or utility in operations.
• Review cash flow forecasts and working capital management to evaluate the company’s ability to meet ongoing expenses.
• Assess any related party transactions or financial support from the controlling director to understand funding sources.
• Monitor future filings for evidence of growth or operational progress.