Company Number: SC741805

Analysis Date: 2025-07-20 11:35 UTC

1. Risk Rating: HIGH
   GORBICS & GORBICS LTD exhibits a high risk profile primarily due to persistent negative shareholders’ funds and current liabilities substantially exceeding current assets. This indicates solvency and liquidity challenges that threaten the company’s ability to meet its financial obligations.

2. Key Concerns:

• Negative Net Worth: Shareholders’ funds are negative (£-8,098 in 2024, slightly improved from £-9,854 in prior years), showing accumulated losses and potential insolvency risk.
• Poor Liquidity Position: Current liabilities (£9,614) are significantly higher than current assets (£1,516), resulting in a working capital deficit which raises concern about the company’s ability to cover short-term debts as they fall due.
• Lack of Operational Scale: The company has reported zero employees and minimal asset base, suggesting limited or no active trading operations, which questions ongoing operational sustainability.

3. Positive Indicators:

• Timely Filing and Compliance: All statutory filings, including accounts and confirmation statements, are up to date with no overdue deadlines, indicating regulatory compliance and good governance in maintaining company records.
• Recent Incorporation: Being incorporated in August 2022, the company is relatively new, which could mean early-stage business development with potential to improve financials if supported by a viable business plan.
• Exemption from Audit: The company qualifies for micro-entity accounting provisions, reducing administrative burdens which may allow focus on business growth.

4. Due Diligence Notes:

• Review the company’s business model and revenue generation plans given the zero employees and minimal current assets.
• Investigate the nature and terms of current liabilities to understand if they are trade creditors, loans, or other obligations and assess the risk of default.
• Clarify whether the company has any ongoing or planned funding or capital injections to address the negative equity and liquidity shortfall.
• Confirm the operational status and any contracts or customer base underpinning the specialised cleaning and mail order retail activities.
• Examine director backgrounds and any related party transactions given the family names among directors, to assess governance risks.