GOZITO LTD

Executive Summary

Gozito Ltd is a newly incorporated private limited company operating in internet retail with an early financial record showing negative working capital and shareholders’ funds, indicating high solvency and liquidity risk. While regulatory compliance is maintained and the director has full control, limited trading history and financial strain present concerns for operational sustainability. Further due diligence on liabilities, cash flow, and business prospects is advised to clarify financial viability.

GOZITO LTD - Analysis Report

Company Number: 14636909

Analysis Date: 2025-07-29 20:18 UTC

1. Risk Rating: HIGH
   The company exhibits significant solvency and liquidity concerns as demonstrated by net current liabilities of £5,496 and negative shareholders’ funds of £15,506 within its first financial period. These indicators point to an inability to meet short-term obligations without additional funding. The limited operating history and minimal capital base further increase risk.

2. Key Concerns:

• Negative working capital: Current liabilities (£15,582) exceed current assets (£10,086), indicating potential cash flow difficulties.
• Negative equity: Shareholders’ funds are deeply negative (£-15,506), reflecting accumulated losses or initial funding shortfalls.
• Early-stage company: Incorporated in 2023 with only one financial period filed; limited operational and financial track record to assess sustainability.

3. Positive Indicators:

• No overdue filings: Accounts and confirmation statements are up to date, demonstrating regulatory compliance.
• Single director with full control: Clear governance structure with 100% ownership and control by Mr. Jason Messervy may facilitate rapid decision-making.
• Presence of cash at bank (£6,731) and stock (£3,000) indicates some operational activity and asset base.

4. Due Diligence Notes:

• Investigate nature and terms of current liabilities (£15,582), especially trade creditors and other creditors, to assess repayment risk and supplier relationships.
• Obtain management accounts or cash flow forecasts to evaluate short-term liquidity and ability to service obligations.
• Review business model and market positioning in retail sales via mail order/internet (SIC 47910) to assess revenue generation potential and operational sustainability.
• Confirm whether any additional shareholder loans or external financing supports the company financially.
• Ascertain plans for addressing negative equity and working capital deficits, including capital injections or cost control measures.