FSF IQBAL'S LTD

Executive Summary

FSF IQBAL'S LTD presents a low financial risk profile supported by clean compliance, improving liquidity, and a simple ownership structure. However, the absence of employees and small scale highlight the need for further operational due diligence to confirm business sustainability. Overall, the company appears solvent and well-managed on a micro-entity basis since its recent incorporation.

FSF IQBAL'S LTD - Analysis Report

Company Number: 14368512

Analysis Date: 2025-07-29 13:33 UTC

1. Risk Rating: LOW
   FSF IQBAL'S LTD demonstrates a positive net asset position with improving working capital and no overdue filings since incorporation in 2022. The company is micro-entity sized, with modest fixed and current assets, and no employees reported, indicating a lean operating structure. There are no indications of financial distress or compliance issues.

2. Key Concerns:

• Lack of employees raises questions about operational capacity and sustainability of business activities.
• Relatively small asset base and low financial scale may limit resilience to unexpected financial shocks.
• Recent director change (Nov 2023) warrants review to ensure continuity and governance stability.

3. Positive Indicators:

• Growing net current assets from £921 in 2023 to £4,432 in 2024 suggests improved liquidity.
• No overdue accounts or confirmation statements, indicating good compliance and governance.
• Clear ownership and control structure with a single major shareholder/director providing decision-making clarity.
• Active website presence consistent with business operations in private security activities (SIC 80100).

4. Due Diligence Notes:

• Verify nature and scale of business operations given no reported employees and micro-entity status.
• Confirm source and sustainability of current assets and working capital increases.
• Review circumstances surrounding director resignation and appointment in late 2023 to assess governance impact.
• Assess contract pipeline or client base to understand revenue generation capacity and operational viability.
• Consider risk impact of small asset base in a security services industry potentially requiring bonding or insurance.