Company Number: 15077521

Analysis Date: 2025-07-20 14:51 UTC

1. Risk Rating: LOW

Justification: FIRUZAHMED LTD is a recently incorporated private limited company with micro-entity status and minimal financial complexity. The latest accounts show positive net current assets and net assets, and there are no overdue filings or indications of regulatory non-compliance. The company is active and not in liquidation or administration.

2. Key Concerns:

• Limited Financial History: Incorporated in August 2023 with only one set of financial accounts, limiting trend analysis and risk assessment.
• Small Asset Base: Net assets of £2,346 and current assets of £10,667 are modest, which may constrain operational flexibility or ability to absorb shocks.
• Concentrated Control: Single director and sole shareholder holds 75-100% of shares and voting rights, which could present governance risks or succession concerns.

3. Positive Indicators:

• Compliance: No overdue accounts or confirmation statement filings, indicating good regulatory compliance.
• Positive Working Capital: Net current assets of £2,346 suggest the company can meet short-term liabilities.
• Clear Ownership and Management: Transparent control structure with a single director/shareholder simplifies accountability.

4. Due Diligence Notes:

• Investigate Business Model and Revenue Streams: The SIC code (49390 - Other passenger land transport) suggests the company operates in transport services; understanding contracts or customer base will clarify sustainability.
• Review Cash Flow Projections: Given the micro scale and small asset base, assess cash flow sufficiency for ongoing operations.
• Monitor Director Background and Capacity: Given sole control by Mr. Firuz Ahmed, assess his professional background and capability to manage and grow the business.
• Confirm Employee Roles: Two employees are noted, understand their roles and impact on operational stability.