Company Number: 14863497

Analysis Date: 2025-07-20 17:38 UTC

1. Risk Rating: HIGH
   The company shows a net liabilities position of £420 at year end, indicating negative net assets. Current liabilities exceed current assets by £2,142, demonstrating a working capital deficit. This raises significant solvency and liquidity concerns for a micro-entity in its first financial year.

2. Key Concerns:

• Negative net assets (£420) and net current liabilities (£2,142) suggest the company is not currently solvent.
• Very low current assets (£103) compared to current liabilities (£2,245) indicates potential cash flow difficulties and inability to meet short-term obligations.
• The company is newly incorporated (May 2023) with only one employee and minimal fixed assets (£1,722), which may reflect limited operational scale and financial resilience.

3. Positive Indicators:

• No overdue filings for accounts or confirmation statements, reflecting compliance with statutory requirements to date.
• Sole director and 100% owner Kamran Ahmed appears actively engaged, with no negative director conduct records reported.
• Operating in a clear niche (motor vehicle maintenance and repair) which can be a stable sector if managed well.

4. Due Diligence Notes:

• Investigate the nature and timing of liabilities to clarify if these are trade creditors, loans, or other payables and their imminence.
• Review cash flow projections and funding plans given the working capital deficit to assess how the company intends to meet obligations going forward.
• Understand the business model and contracts or customer base to evaluate revenue generation prospects and operational sustainability.
• Confirm no undisclosed related party transactions or contingent liabilities which could exacerbate financial risk.