ITK HAULAGE LIMITED
Company number 13735670 · Monitor this company
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
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.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.
- 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.
- 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.
Sign in to generate a free AI analysis of this company — no password needed, just an email link.