GREEK FREAKS LTD

Executive Summary

GREEK FREAKS LTD is a recently formed micro-entity engaged in dental practice activities, demonstrating sound initial financial health with solid net assets and no regulatory filing issues. However, its limited operating history and concentrated ownership suggest that ongoing monitoring is advisable to confirm operational stability and governance robustness. Overall, the company currently presents a low risk profile for investors based on the available financial and compliance data.

GREEK FREAKS LTD - Analysis Report

Company Number: 14958535

Analysis Date: 2025-07-29 21:00 UTC

1. Risk Rating: LOW The company is newly established (incorporated June 2023) and classified as a micro-entity with a strong net asset position relative to liabilities. There are no overdue filings or indications of financial distress. Current assets significantly exceed current liabilities, supporting liquidity and solvency.

2. Key Concerns:

• Limited operating history: The company has been active less than one year, so financial stability and operational viability are yet to be proven over multiple periods.
• Concentrated ownership and management: The two directors also control 100% of shares and voting rights, which could raise governance risks if conflicts arise.
• Director loan balance: The directors have a loan balance with the company (£2,876), which should be monitored for repayment terms and potential conflicts.

3. Positive Indicators:

• Strong net current assets (£44,151) and net assets (£52,170) relative to its size, indicating adequate working capital.
• No overdue accounts or confirmation statements, demonstrating regulatory compliance.
• Directors have relevant professional background as dentists, consistent with the company's SIC classification (dental practice activities).
• Low employee count (2), aligning with a micro-entity profile and suggesting lean operations.

4. Due Diligence Notes:

• Review the directors’ loan arrangement details and repayment schedule to assess any potential impact on cash flows.
• Monitor subsequent financial statements for revenue generation, profitability, and cash flow trends as the company matures.
• Confirm the accuracy and completeness of the registered address and operational locations, given the difference noted between company overview and accounts document.
• Assess any related party transactions or guarantees that may not be fully disclosed due to micro-entity reporting exemptions.