ITK HAULAGE LIMITED

Company number 13735670 ·

Active

This analysis was written by an AI from the company's public filings. It may contain errors or omissions and is not financial or professional advice.

ITK HAULAGE LIMITED - Analysis Report

Company Number: 13735670

Analysis Date: 2025-07-29 19:00 UTC

  1. Risk Rating: LOW
    The company demonstrates a stable net asset position with positive net current assets over recent years, timely filings, and no signs of financial distress or regulatory non-compliance.

  2. Key Concerns:

  • Limited scale and scope: As a micro-entity with minimal asset base and only two employees, the company may be vulnerable to operational shocks or market fluctuations.
  • Concentrated control: Single director and 100% ownership by Mr. Iqbal Singh may pose governance and succession risks.
  • Lack of detailed profit and loss data: Absence of a filed P&L account reduces transparency on profitability and cash flow dynamics.
  1. Positive Indicators:
  • Consistent positive net current assets and net assets, showing solvency and ability to meet short-term liabilities.
  • Up-to-date statutory compliance with no overdue accounts or confirmation statements.
  • Clear ownership and management structure with no reported director disqualifications or adverse conduct records.
  1. Due Diligence Notes:
  • Review underlying profitability and cash flow trends given absence of profit and loss information in filings.
  • Understand the nature of current assets (likely cash or receivables) to assess liquidity quality.
  • Evaluate operational risks given small employee base and single director control.
  • Confirm continuity plans or contingency arrangements for management and operational stability.

Perspective: Investment Risk Assessor · Model: gpt-4.1-mini · Generated 29 July 2025

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