HALALPMF LTD

Executive Summary

HALALPMF LTD is a recently incorporated micro-entity operating in food services with a currently negative net asset position and no reported assets or employees. While compliant with filing requirements, the company’s financials indicate high solvency and liquidity risk, warranting further investigation into liabilities and business viability before investment consideration.

HALALPMF LTD - Analysis Report

Company Number: 15077093

Analysis Date: 2025-07-20 14:49 UTC

1. Risk Rating: HIGH
   The company shows a net liability position as of the last filing date, indicating insolvency on a balance sheet basis. The absence of current assets and presence of current liabilities without offsetting assets raises immediate solvency and liquidity concerns.

2. Key Concerns:

• Negative Net Assets: The balance sheet reports total net assets of -£1,464, suggesting that liabilities exceed assets.
• Zero Current Assets: The company holds no fixed or current assets, limiting its ability to generate liquidity to meet liabilities.
• No Employees and Early Stage: Incorporated less than 1 year ago, with zero employees and minimal financial data, raising questions about operational sustainability.

3. Positive Indicators:

• Compliance: No overdue filings for either annual accounts or confirmation statements, indicating regulatory adherence to filing deadlines.
• Clear Ownership and Control: One individual holds majority control and directorship, simplifying governance and decision-making.
• Active Status: The company remains active and has not entered liquidation or administration.

4. Due Diligence Notes:

• Investigate the nature and origin of the current liabilities of £1,465, and whether these are trade payables, loans, or other obligations.
• Confirm the company’s business activities given the SIC codes relating to food services and manufacturing, and whether any revenue streams or contracts exist.
• Assess plans for capital injection or asset acquisition to address negative equity and enable operational viability.
• Review the director’s intentions and business model given the absence of employees and assets after nearly one year of incorporation.
• Consider potential contingent liabilities or off-balance sheet commitments not reflected in the micro-entity accounts.