INIDRA PROPERTY SERVICES LIMITED

Executive Summary

INIDRA PROPERTY SERVICES LIMITED is a recently established micro-entity with a positive net current asset position and no liabilities, indicating low solvency risk at present. However, the overdue confirmation statement and limited operational history warrant close monitoring to ensure compliance and assess business sustainability. The company’s governance structure is concentrated, highlighting the need for further due diligence on management practices.

INIDRA PROPERTY SERVICES LIMITED - Analysis Report

Company Number: 15167727

Analysis Date: 2025-07-20 19:04 UTC

1. Risk Rating: LOW

Justification: INIDRA PROPERTY SERVICES LIMITED is a newly incorporated micro-entity (incorporated September 2023) with minimal financial activity reported to date. The company shows a positive net current asset position (£1,320) with no liabilities and no fixed assets. While financial history is limited, the absence of debt and positive working capital indicate low immediate solvency risk. However, the company’s operational scale is minimal, and its limited data requires cautious interpretation.

2. Key Concerns:

• Overdue Confirmation Statement: The latest confirmation statement filing is overdue as of October 2024, which raises a compliance concern and may lead to penalties or regulatory scrutiny.
• Limited Financial History and Scale: Being newly incorporated with only one employee and minimal assets limits visibility on operational stability and financial sustainability.
• Concentrated Control: The sole director and 75-100% shareholder is the same individual, which may pose governance risks if not mitigated by appropriate controls.

3. Positive Indicators:

• Positive Net Current Assets: The company currently holds £1,320 in net current assets with no current liabilities, indicating short-term solvency.
• No External Debt or Provisions: Absence of creditor balances or provisions reduces immediate financial risk.
• Compliance with Micro-entity Reporting: The accounts have been prepared in accordance with micro-entity provisions and signed by the director, demonstrating adherence to statutory accounting requirements.

4. Due Diligence Notes:

• Investigate the cause and implications of the overdue confirmation statement filing and ensure future compliance.
• Assess the business plan, revenue model, and cash flow projections to ascertain operational viability beyond the initial setup phase.
• Review director’s background for any past regulatory or financial issues given the sole control and ownership.
• Monitor future financial filings for growth, profitability, and any emerging liabilities.