Company Number: 15053759

Analysis Date: 2025-07-20 13:02 UTC

1. Risk Rating: HIGH
   The company shows a negative net asset position (-£1,103) and negative net current assets (-£13,783), indicating potential solvency and liquidity issues. Given it is a newly incorporated micro-entity with limited operational history, financial stability is uncertain.

2. Key Concerns:

• Negative net assets and working capital deficit suggest the company may struggle to meet short-term liabilities.
• Limited financial track record (incorporated in 2023) restricts ability to assess operational sustainability.
• Director turnover within a short period raises questions about governance stability.

3. Positive Indicators:

• The company is compliant with filing deadlines for accounts and confirmation statements, indicating good regulatory adherence.
• Small employee base (2 average employees) aligns with micro-entity status, suggesting controlled operational scale.
• Ownership and control consolidated under one individual (Mr. Arif Urakhil), simplifying decision-making.

4. Due Diligence Notes:

• Clarify the nature and timing of current liabilities to assess immediate solvency risks.
• Investigate reasons for director changes within the first year and confirm current management stability.
• Review cash flow statements and any available management accounts for liquidity trends.
• Understand business model viability given the SIC code (take-away food shops) and local market conditions.