GARBAGE GRABBERS GROUP LTD

Executive Summary

GARBAGE GRABBERS GROUP LTD is a recently established micro-entity operating in the removal services sector, with current financials indicating a modest but solvent position and full statutory compliance. The company’s limited financial history and concentrated ownership structure warrant careful monitoring, though no immediate solvency or liquidity concerns are apparent. Further due diligence focused on operational viability and governance practices is recommended to support investment decisions.

GARBAGE GRABBERS GROUP LTD - Analysis Report

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.