GLOBAL LOCAL STORE LTD

Executive Summary

GLOBAL LOCAL STORE LTD is a newly formed micro-entity operating in retail with a modest but positive net asset position and full compliance with statutory filing requirements. While the current financial snapshot shows low risk in terms of solvency and liquidity, the company’s limited financial history, small capital base, and single young director control warrant close monitoring. Further due diligence on operational viability and cash flow stability is recommended to validate ongoing sustainability.

GLOBAL LOCAL STORE LTD - Analysis Report

Company Number: 15095615

Analysis Date: 2025-07-29 14:03 UTC

1. Risk Rating: LOW
   The company is newly incorporated (August 2023) and has filed timely accounts and confirmation statements with no overdue filings. The modest net current assets (£1,740) exceed current liabilities (£3,046) by a small margin, indicating a positive working capital position at the balance sheet date. The shareholder equity matches net assets, reflecting no apparent debt burden. Given the limited operational history, this rating is cautious but reflects no immediate solvency or compliance concerns.

2. Key Concerns:

• Limited Financial History and Scale: As a micro-entity with only one year of accounts, data is insufficient to fully assess operational sustainability or financial performance trends.
• Low Asset and Capital Base: Total net assets of £1,740 and minimal share capital (£1) suggest the company is very small and may be vulnerable to cash flow shocks or unexpected expenses.
• Single Person Control: The sole director and 75-100% shareholder is a young individual (born 2003) which may imply limited managerial experience. This raises potential operational and governance risks.

3. Positive Indicators:

• Compliance and Regulatory Standing: All statutory filings (accounts and confirmation statements) are up to date with no overdue filings or penalties.
• Positive Net Current Assets: The company holds more current assets than liabilities, signaling it can meet short-term obligations at the reporting date.
• Clear Ownership and Control: The individual with full control is clearly identified, enhancing transparency.

4. Due Diligence Notes:

• Investigate the business model and revenue streams given the SIC code 47110 (retail sale in non-specialised stores with predominance of food, beverage or tobacco) to assess market positioning and growth prospects.
• Review cash flow statements or management accounts (if available) to understand liquidity beyond the year-end snapshot.
• Assess director’s experience and track record to gauge operational stability and governance capabilities.
• Confirm any contingent liabilities or off-balance sheet commitments not reflected in abridged accounts.
• Monitor future filings to detect any deterioration in financial health or compliance status.