JIREH CARING COMPANY LIMITED

Executive Summary

JIREH CARING COMPANY LIMITED exhibits a high risk profile due to its negative net asset position and lack of current assets to cover liabilities as of January 2025. While regulatory compliance is maintained and the company remains active, the financial data suggests liquidity and solvency challenges that warrant close monitoring. Further due diligence should focus on cash flow viability and director assurances to understand the sustainability of operations.

JIREH CARING COMPANY LIMITED - Analysis Report

Company Number: 14601058

Analysis Date: 2025-07-29 12:34 UTC

1. Risk Rating: HIGH
   The company shows net liabilities as of the latest financial year (2025) with net current liabilities of £814 and net assets turning negative, indicating insolvency risk. The micro-entity has minimal assets and no reported cash or receivables, which raises concerns about its ability to meet short-term obligations.

2. Key Concerns:

• Negative Net Assets: The balance sheet for 2025 reports total net assets of -£814, a deterioration from positive net assets in prior years, signaling financial distress.
• Insufficient Liquidity: Current assets are reported as zero in 2025, with current liabilities of £814, suggesting an inability to cover immediate debts.
• Single Director/Shareholder Control: Full ownership and control by one individual can concentrate risk and limit oversight, potentially impacting governance and operational stability.

3. Positive Indicators:

• Compliance with Filing Requirements: The company is up to date with its accounts and confirmation statement filings, indicating regulatory compliance and good governance in this regard.
• Active Status with No Formal Insolvency: The company remains active and is not in liquidation or administration, implying ongoing operations.
• Micro-Entity Account Exemptions: Filing under micro-entity provisions reduces administrative burden, appropriate for a very small operation.

4. Due Diligence Notes:

• Investigate the nature of the current liabilities and whether these are overdue or short-term trade creditors that may threaten ongoing operations.
• Assess cash flow forecasts and working capital management, given the zero current assets and negative net assets in 2025.
• Review the business model and revenue generation capacity since the company was incorporated recently (2023) and financials indicate minimal asset base and potential operational scale.
• Confirm the director’s plans for addressing the negative equity position and any external funding or guarantees supporting the company.
• Evaluate any contingent liabilities or off-balance sheet commitments that could exacerbate financial risk.