Company Number: 14371154

Analysis Date: 2025-07-20 16:18 UTC

1. Risk Rating: HIGH
   The company exhibits significant financial distress, as evidenced by a transition from positive net assets (£21,357 in 2023) to substantial net liabilities (-£6,112 in 2024). This rapid deterioration within one year raises immediate solvency concerns.

2. Key Concerns:

• Negative Net Assets and Working Capital Deficit: The company’s net current liabilities of £6,800 and overall negative net assets indicate it may struggle to meet short-term obligations.
• Absence of Employees and Operational Activity: The company reported zero employees for both years, suggesting limited or no active trading operations, which may impact sustainability.
• Concentration of Control: Ownership and control are concentrated with a single individual and related entity (Mr. Mohammed Shayan Alam and Shayan Holdings Ltd), potentially increasing governance and succession risks.

3. Positive Indicators:

• Timely Filing and Compliance: The company’s accounts and confirmation statement filings are up to date with no overdue reports, indicating adherence to statutory obligations.
• Micro-Entity Reporting: The company benefits from simplified reporting requirements, which may reduce administrative burdens.
• Stable Registered Office and Director Information: No changes or irregularities noted in director appointments or registered office, suggesting administrative stability.

4. Due Diligence Notes:

• Investigate the cause of the sharp decline in current assets from £30,943 in 2023 to £1,077 in 2024 and the corresponding increase in current liabilities.
• Review any trading activity, contracts, or revenue streams to assess operational viability and cash flow generation capabilities given zero employees reported.
• Assess related party transactions or financial support from the majority shareholder (Shayan Holdings Ltd) to determine potential off-balance-sheet support or liabilities.
• Confirm absence of director disqualifications or regulatory compliance issues beyond filed documents.
• Evaluate any contingent liabilities or commitments not disclosed in the micro-entity accounts due to reporting exemptions.