GOLDENCITY NICE LTD

Executive Summary

GOLDENCITY NICE LTD is a recently incorporated micro-entity operating in the take-away food sector with compliant filings and positive net current assets. While its small scale and limited operational history restrict comprehensive financial assessment, current indicators suggest manageable solvency and liquidity risk. Further due diligence on cash flow management and governance is recommended to confirm operational stability.

GOLDENCITY NICE LTD - Analysis Report

Company Number: 15113604

Analysis Date: 2025-07-20 13:59 UTC

1. Risk Rating: LOW
   The company is newly incorporated (since September 2023) with a micro-entity filing status, showing positive net current assets and no overdue filings, indicating low immediate risk.

2. Key Concerns:

• Limited financial history: Only one financial period available, limiting trend analysis.
• Small scale of operations: Micro entity size and low asset base (£1,822 net assets) may constrain financial flexibility.
• Concentrated control: Single director and 75-100% ownership by one individual may pose governance risks if not mitigated.

3. Positive Indicators:

• Positive net current assets (£1,822) suggest the company can meet short-term liabilities.
• No overdue accounts or confirmation statement filings, indicating compliance with regulatory deadlines.
• Operating with a small workforce (average 3 employees), appropriate for take-away food business, indicating lean operations.

4. Due Diligence Notes:

• Verify cash flow sufficiency given low current assets to ensure operational liquidity.
• Investigate director’s background for any potential governance or compliance risks.
• Assess business plan and market positioning due to early stage of operations and limited financial track record.