Company Number: 14224943

Analysis Date: 2025-07-20 12:22 UTC

1. Risk Rating: HIGH
   JKRL LIMITED exhibits a high-risk profile primarily due to its lack of trading activity and minimal asset base as of the latest financial year. The company's net assets have drastically reduced from £4,634 in 2023 to £1 in 2024, reflecting no operational revenue and near depletion of working capital. This signals potential solvency and liquidity concerns.

2. Key Concerns:

• No Turnover or Profit: The company reported zero turnover and zero profit for both financial years ending July 2023 and July 2024, indicating no trading activity or revenue generation.
• Severe Asset Reduction: Current assets fell from £4,634 to £1, with corresponding net assets falling similarly, suggesting consumption or write-off of resources without replenishment.
• Lack of Employees or Operational Data: The company has no employees and is classified under holding company activities, which may imply it is a passive entity with limited operational sustainability.

3. Positive Indicators:

• Compliance with Filings: Accounts and confirmation statements are up to date and not overdue, indicating regulatory compliance and good governance in this respect.
• No Overdue Liabilities: Current liabilities are minimal (£1) and fully covered by current assets, resulting in positive net current assets albeit at a very low level.
• Clear Control Structure: The significant control is transparent, with Mrs. Katherine Andrews holding 25-50% shares and relevant director appointment rights, which may aid decision-making.

4. Due Diligence Notes:

• Investigate the purpose and business model of JKRL LIMITED given its classification as a holding company with no turnover or trading activity.
• Review the source and sustainability of the initial capital and current asset balances, and whether there are any contingent liabilities or off-balance sheet obligations.
• Confirm the intentions of the controlling party and any planned operational developments or asset acquisitions that would impact future financial stability.
• Assess any related party transactions, especially given the close control by a single individual, to understand potential capital injections or withdrawals.