Company Number: 13104920

Analysis Date: 2025-07-20 14:19 UTC

1. Risk Rating: LOW
   The company demonstrates a positive net asset position with increasing net current assets and shareholders’ funds over recent years. There are no overdue filings or indications of insolvency or liquidation. Its micro-entity status and exemption from audit reduce complexity but do not raise significant concerns.

2. Key Concerns:

• Limited Share Capital: The company has minimal share capital (£1), which may limit financial flexibility in adverse conditions.
• Small Scale Operations: With only 3 employees and micro-entity classification, growth potential and operational resilience might be constrained.
• Concentration of Control: Significant control is held by a single individual (Mr Shah Nawaz Khan), which may present governance risks if dependent on one key person.

3. Positive Indicators:

• Strong Liquidity Position: Net current assets increased from £4,127 in 2023 to £8,617 in 2024, indicating improved short-term liquidity.
• No Overdue Filings: Both accounts and confirmation statements are filed timely, reflecting good compliance and governance practices.
• Consistent Net Asset Growth: Shareholders’ funds have steadily increased year on year, signaling retained profits or capital injections.

4. Due Diligence Notes:

• Review Profit and Loss Statements: The P&L is not publicly available; understanding profitability and cash flow trends is important to evaluate operational sustainability.
• Assess Director Dependence: Investigate succession plans or risk mitigation related to reliance on the principal director and sole significant controller.
• Examine Business Model and Revenue Streams: Given multiple SIC codes in consultancy and software development, clarification on main revenue drivers and client base would be prudent.