LIRI SAFETY LIMITED

Executive Summary

Liri Safety Limited is a micro private company with compliant filings and no current liabilities as of the latest financial year. However, the sharp decrease in cash reserves and absence of employees suggest potential liquidity and operational constraints in this nascent business. Further investigation into cash flow dynamics and business activities is recommended to assess sustainability.

LIRI SAFETY LIMITED - Analysis Report

Company Number: 14253125

Analysis Date: 2025-07-20 14:09 UTC

1. Risk Rating: MEDIUM
   While Liri Safety Limited shows positive net current assets and no current liabilities in the latest reported year, the company is very young (incorporated in mid-2022) and exhibits a decline in both cash and net assets from 2023 to 2024. The absence of employees and limited operational scale also contribute to moderate risk.

2. Key Concerns:

• Declining Cash Reserves: Cash decreased significantly from £20,873 in 2023 to £5,455 in 2024, which could indicate liquidity pressure or increased cash outflows.
• No Employees: With zero employees reported, operational capacity and sustainability may be constrained unless reliant entirely on contractors or external resources.
• Limited Financial History and Scale: As a recently formed micro-entity with minimal capital (£1 share capital) and modest assets, financial resilience is inherently limited.

3. Positive Indicators:

• No Overdue Filings: Both accounts and confirmation statements are up to date, reflecting good regulatory compliance and governance.
• No Current Liabilities in Latest Year: The absence of current liabilities as of 2024 reduces immediate solvency risk.
• Strong Shareholder Control: The sole director and PSC (Mr. Liridon Selmani) holds full ownership and governance rights, potentially allowing for agile decision-making.

4. Due Diligence Notes:

• Investigate the reason behind the sharp reduction in cash and the elimination of current liabilities from 2023 to 2024 to assess if this reflects payment of debts, asset disposal, or other financial restructuring.
• Clarify the operational model given zero employees—determine if the business depends on subcontractors or is dormant in practice.
• Review any related party transactions or director loans that may not be fully disclosed in these abbreviated accounts.
• Confirm the nature and collectability of trade and other debtors totaling £10,292 in 2024 to evaluate working capital quality.