KIBO GROUP LTD

Executive Summary

Kibo Group Ltd is a newly established micro-entity with a strong working capital position and good compliance record; however, its very low net assets and significant provisions warrant a cautious medium risk rating. The company’s short operating history limits assessment of operational stability, and further due diligence on liabilities and cash flow plans is recommended.

KIBO GROUP LTD - Analysis Report

Company Number: 15112998

Analysis Date: 2025-07-20 14:20 UTC

1. Risk Rating: MEDIUM
   The company is newly incorporated and classified as a micro entity with relatively minimal financial data. While it shows positive net current assets and no overdue filings, the very low net asset figure, significant accruals and provisions, and limited operating history suggest moderate caution.

2. Key Concerns:

• Low Net Assets and Shareholders’ Funds: With net assets of only £134 and minimal fixed assets, the company has a thin equity base which could limit its ability to absorb losses or finance growth.
• Significant Provisions and Deferred Income: Provisions of £3,375 and accruals/deferred income of £13,792 significantly reduce net assets and may indicate future liabilities or timing differences that could impact liquidity.
• Limited Operating History and Scale: Incorporated in September 2023 and reporting only one financial period, the company’s operational stability and sustainability remain untested.

3. Positive Indicators:

• Healthy Working Capital Position: Net current assets of £16,249 indicate the company’s current assets exceed current liabilities by a large margin, suggesting good short-term liquidity.
• Timely Filing and Compliance: Accounts and confirmation statements are up to date with no overdue filings, reflecting good governance and regulatory compliance so far.
• Clear Ownership and Control Structure: Two directors with equal significant control provide clarity in management and decision-making.

4. Due Diligence Notes:

• Investigate the nature and timing of the provisions and deferred income to understand potential future cash outflows or revenue recognition impacts.
• Review management plans and cash flow forecasts given the very low equity base to assess how the company plans to finance operations and growth.
• Monitor operational performance and financial results beyond the initial 13-month period to evaluate business sustainability.
• Confirm absence of any director disqualifications or adverse conduct records, though none are currently indicated.