GG-965-916 LIMITED

Executive Summary

GG-965-916 Limited is an early-stage private limited company holding investment property but showing significant liquidity challenges and reliance on director funding. While regulatory compliance is current and assets exist, the absence of trading activity and substantial current liabilities denote a high solvency risk. Further investigation into director loans and business viability is essential before considering investment.

GG-965-916 LIMITED - Analysis Report

Company Number: 14673762

Analysis Date: 2025-07-29 19:52 UTC

1. Risk Rating: HIGH

The company demonstrates significant financial imbalances and operational concerns, notably a severe liquidity deficit and reliance on director financing, which poses a substantial risk to solvency and financial stability.

2. Key Concerns:

• Liquidity Deficit: The company reports net current liabilities of £179,907 against current assets of only £1,590, indicating an inability to meet short-term obligations from liquid resources.
• High Director Loan Balance: Creditors include £181,055 owed to directors' current accounts, reflecting heavy reliance on director funding which may not be sustainable or extendable without formal agreements.
• No Revenue or Employees: The absence of turnover data, an income statement (not filed per small company exemptions), and zero employees suggest no active trading or operations, raising questions about the business model and ongoing viability.

3. Positive Indicators:

• Investment Property Asset: The company holds investment property valued at approximately £180,912, providing a tangible asset base which may offer collateral value or potential income generation.
• Current Compliance: All statutory filings including accounts and confirmation statements are up to date with no overdue submissions, indicating adherence to regulatory requirements.
• Clear Ownership and Governance: The sole director and 100% shareholder, Mr. Sagar Ghelani, is identified with no disqualifications or compliance issues noted, suggesting stable governance at the individual level.

4. Due Diligence Notes:

• Investigate the nature and terms of the director's loan accounts to understand repayment intentions and any formal agreements or security.
• Clarify the company’s business model and planned operational activity given the lack of revenue and employees despite holding investment property.
• Assess the valuation method and marketability of the investment property to determine its realistic liquidation or income-generating potential.
• Review any off-balance-sheet liabilities or contingent obligations that may impact solvency.
• Confirm the company’s future funding plans and whether additional capital injections are anticipated.