Company Number: 13114403

Analysis Date: 2025-07-20 13:29 UTC

1. Risk Rating: HIGH
   The company shows negative net current assets and net liabilities for two consecutive years, indicating solvency concerns. The company’s micro-entity status and minimal financial disclosures limit transparency, increasing risk.

2. Key Concerns:

• Negative Working Capital: The balance sheet for both 2023 and 2024 shows net current liabilities (£1,663 in 2024), implying the company’s current liabilities exceed current assets, which is a liquidity red flag.
• Minimal Share Capital: Share capital is only £1.00, which suggests a very limited equity buffer to absorb losses or support operations.
• Limited Financial History and Size: Incorporated in 2021 with micro-entity accounts and only one employee, indicating a very small, possibly early-stage business with limited financial resilience or operational scale.

3. Positive Indicators:

• No Overdue Filings: Accounts and confirmation statements are filed on time, indicating compliance with statutory requirements.
• Single Director with Full Control: Mr Ghazanfer Ali holds 75-100% ownership and directorship, which may facilitate swift decision-making.
• Active Status: The company is active and not in liquidation or administration, indicating ongoing operations.

4. Due Diligence Notes:

• Investigate cash flow statements or bank balances to assess liquidity beyond balance sheet snapshots.
• Review the company’s business model, revenue streams, and customer base to evaluate operational sustainability.
• Confirm whether there are any contingent liabilities or related party transactions not disclosed in micro-entity filings.
• Assess the director’s background and track record for operational and financial management.
• Request management accounts or forecasts to understand future prospects.