EJIKE I COMPANY LTD

Executive Summary

EJIKE I COMPANY LTD is an active micro-entity operating in the residential care sector with a very limited financial footprint and a single controlling director. The company shows no immediate solvency issues but presents typical risks associated with start-ups including limited financial depth and a concentrated governance structure. Continued monitoring of operational performance and cash flows is advisable to confirm sustainability.

EJIKE I COMPANY LTD - Analysis Report

Company Number: 14368127

Analysis Date: 2025-07-20 18:56 UTC

1. Risk Rating: LOW to MEDIUM
   Given the limited financial scale and early stage of the company (incorporated 2022), the risk is relatively low in terms of insolvency, as current liabilities are nil and net assets have increased. However, the very small asset base and minimal working capital warrant a cautious outlook, as the company operates at a micro scale with limited financial buffers.

2. Key Concerns:

• Limited Financial Resources: The net assets are only £2,122 as of the latest accounts, indicating a very small capital base and limited ability to absorb financial shocks.
• Early Stage with Limited Operating History: Incorporated in late 2022 with only two sets of accounts filed, the company’s operational track record is minimal, limiting visibility on sustainable cash flows and profitability.
• Single Director and Shareholder Control: Full control by one individual (Mr. Ethelbert Iwunze) concentrates decision-making and operational risk, with no evident governance safeguards or second-level oversight.

3. Positive Indicators:

• No Current Liabilities: The absence of creditors falling due within one year as of 31 March 2024 suggests the company is not currently burdened by short-term debts.
• Timely Filing and Compliance: Accounts and confirmation statements are submitted on time with no overdue filings, indicating good regulatory compliance.
• Steady Increase in Net Assets: Net assets rose from £695 in 2023 to £2,122 in 2024, showing some capital growth and possibly retained earnings or capital injection.

4. Due Diligence Notes:

• Cash Flow and Profitability Analysis: Given the limited financial data, obtain management accounts or cash flow forecasts to assess liquidity beyond year-end balance sheets.
• Business Model Viability: Investigate the company’s operational model in residential care activities for the elderly and disabled (SIC 87300) to understand revenue sources and sustainability.
• Director Background and Related Party Transactions: Review the background of the sole director and shareholder for any potential conflicts or related party transactions given the single-person control structure.