KAMIJI GROUP LTD

Executive Summary

Kamiji Group Ltd is a newly incorporated micro-entity with a positive short-term liquidity position but minimal net asset base relative to significant long-term creditor balances. While currently compliant with filing requirements and governance, the company's lack of fixed assets and employees alongside its debt profile suggests caution. Further due diligence on debt terms and operational plans is recommended to assess longer-term financial stability.

KAMIJI GROUP LTD - Analysis Report

Company Number: 14796717

Analysis Date: 2025-07-29 19:37 UTC

1. Risk Rating: MEDIUM
   The company shows a positive net asset position but with a significant long-term creditor balance relative to its net assets, indicating potential solvency strain. Micro-entity status limits financial detail, so risk assessment is cautious.

2. Key Concerns:

• The company reports £297,000 of creditors due after more than one year against net assets of only £3,727, which raises questions about the sustainability of its debt structure and ability to meet obligations long term.
• There are no fixed assets or employees, suggesting the company may be in an early stage or not operationally active, which could impact cash flow generation and business sustainability.
• The company changed its name recently (from ABRACO CAPITAL LTD in January 2025), which may warrant enquiry into reasons behind rebranding or restructuring.

3. Positive Indicators:

• Current assets exceed current liabilities significantly, with net current assets of £300,727, indicating short-term liquidity is currently sufficient.
• The company is active and compliant with filing deadlines for both accounts and confirmation statements, reflecting regulatory adherence and governance.
• Directors and People with Significant Control are identified and active, with no indication of disqualifications or governance issues.

4. Due Diligence Notes:

• Investigate the nature and terms of the long-term creditors (£297,000) to understand repayment schedules, interest obligations, and creditor identity.
• Clarify the company's business operations given zero employees and no fixed assets, including reviewing contracts, revenue streams, and plans for asset acquisition or growth.
• Enquire about the rationale for the recent name change and whether it reflects a strategic shift, ownership change, or other material corporate event.
• Consider obtaining supplementary financial information beyond micro-entity disclosures to better assess cash flow and profitability prospects.