Company Number: 15223181

Analysis Date: 2025-07-29 17:44 UTC

1. Risk Rating: LOW

Justification: JIARI MART LIMITED is a recently incorporated micro-entity private limited company with modest net assets of £2,314 and positive working capital. It has no overdue filings, no indication of insolvency or liquidation, and a sole director and shareholder controlling the business. The financial data shows a small but positive net current asset position and no apparent liabilities beyond short term creditors.

2. Key Concerns:

• Limited Financial History: Incorporated in October 2023, the company has only one set of micro-entity accounts, limiting trend analysis and long-term financial assessment.
• Minimal Asset Base: Total assets and equity are very low (£2,314), indicating a very small scale operation which may be vulnerable to cash flow shocks or business interruptions.
• Single Director and Shareholder Control: While common in small companies, this concentration of control may pose governance risks and dependence on one individual’s capacity and integrity.

3. Positive Indicators:

• Compliance with Filing Requirements: No overdue accounts or confirmation statements as of latest data, indicating good regulatory compliance.
• Positive Net Current Assets: Current assets exceed current liabilities (£2,856 vs. £542), suggesting the company can cover short-term obligations.
• Clear Ownership and Control: The sole director and 75-100% shareholder are identified with no reported disqualifications or regulatory issues.

4. Due Diligence Notes:

• Verify the nature and sustainability of the business activity classified under SIC 47990 (Other retail sale not in stores, stalls or markets), including revenue generation and customer base.
• Monitor future filings for growth in turnover, assets, and liabilities to assess operational stability.
• Review director’s background and reputation, given sole control, to mitigate governance risks.
• Confirm the company’s cash flow position beyond balance sheet snapshots to ensure liquidity sufficiency.