Company Number: 14838025

Analysis Date: 2025-07-29 16:37 UTC

1. Risk Rating: LOW
   GARBAGE GRABBERS GROUP LTD is a newly incorporated micro-entity with minimal liabilities and modest net assets. The company is compliant with filing deadlines and shows no indication of financial distress or governance issues.

2. Key Concerns:

• Limited Financial History and Scale: Incorporated in May 2023, the company’s financial data covers only one year with micro-entity scale, limiting visibility on operational sustainability.
• Minimal Asset Base: Fixed assets of £1,481 and net assets of £1,219 suggest a very small capital base, which may constrain growth and operational flexibility.
• Ownership and Control Concentration: One individual (Kalina Atanasova Mihaylova) holds 75-100% of shares and voting rights, with significant influence also noted for another director. This ownership concentration could present governance risks if not managed prudently.

3. Positive Indicators:

• Current Compliance: All statutory filings (accounts and confirmation statements) are up to date with no overdue reports or penalties.
• Positive Net Current Assets: The company reports net current assets of £262, indicating short-term liabilities are covered by current assets, albeit at a small scale.
• Active Online Presence: The company maintains an active website with relevant contact details and service descriptions, supporting operational transparency and marketing efforts.
• Director Stability: The current director is professionally identified as an entrepreneur with no public disqualifications or governance flags noted.

4. Due Diligence Notes:

• Review Detailed Financials: Examine the profit and loss account and cash flow statements when available to assess operational profitability and liquidity trends.
• Confirm Business Model Viability: Validate the revenue streams and customer base supporting the waste removal and related services given the company’s small size and recent formation.
• Explore Related Party Transactions: Investigate any transactions or arrangements with the principal shareholders or directors to ensure arms-length dealings and proper governance.
• Monitor Growth and Capital Requirements: Assess plans for capital infusion or credit facilities to support scaling operations beyond the micro-entity level.
• Verify Director Backgrounds: Although currently no disqualifications are noted, further background checks on directors’ professional history would be prudent.