Company Number: 15047662

Analysis Date: 2025-07-29 19:25 UTC

1. Risk Rating: HIGH
   Justification: The company exhibits net liabilities of £1,836 and very minimal cash reserves (£23), indicating poor solvency and liquidity. The presence of creditors falling due after one year (£1,859) with no current assets to cover these liabilities further exacerbates financial risk. Additionally, the company is newly incorporated (2023) with no employees and negligible operational history, increasing uncertainty about sustainability.

2. Key Concerns:

• Negative Shareholders’ Funds: Shareholders’ equity stands at -£1,836, reflecting accumulated losses and potential insolvency risk.
• Insufficient Liquidity: Cash balance is only £23 against current liabilities of £1,859, highlighting a critical liquidity shortfall.
• Lack of Operational Data: No employees and no turnover data disclosed, suggesting the company may not yet be operational or generating revenue, raising questions on business viability.

3. Positive Indicators:

• Current Compliance: No overdue filings or confirmation statements, demonstrating adherence to statutory filing obligations so far.
• Sole Shareholder Control: Clear ownership and control by Mr. Ali Reza Erfani Gahruye, which may facilitate swift decision-making.
• Small Company Reporting Exemptions: The company benefits from small company reporting provisions, reducing administrative burden at this early stage.

4. Due Diligence Notes:

• Confirm the nature and terms of the £1,859 creditors due after more than one year to assess potential repayment risks or restructuring plans.
• Investigate business plan viability and timeline for revenue generation to understand future liquidity and solvency prospects.
• Verify whether there are any contingent liabilities or off-balance sheet obligations not disclosed in the accounts.
• Assess background and financial strength of the principal director/shareholder to gauge capacity to support the company financially.
• Monitor subsequent filing and trading activity to detect any signs of operational progress or distress.