Company Number: 14721710

Analysis Date: 2025-07-20 16:37 UTC

1. Risk Rating: HIGH
   The company exhibits early-stage financial distress, with net current liabilities and negative shareholders’ funds within its first financial year. This suggests solvency and liquidity risks despite being a recently incorporated entity.

2. Key Concerns:

• Negative Net Current Assets (-£4,822): The company has current liabilities exceeding current assets, indicating potential short-term liquidity issues.
• Negative Shareholders’ Funds (-£822): The company’s net liabilities position undermines the equity base, raising questions on its ability to meet obligations and absorb losses.
• Limited Financial History & Scale: Incorporated in March 2023 with only one year of accounts filed, limited operational track record and financial data restrict confidence in business sustainability.

3. Positive Indicators:

• No Overdue Filings: Both accounts and confirmation statement filings are up to date, indicating regulatory compliance and good governance practices so far.
• Ownership and Control Consolidated: Single director and 75-100% shareholder Mr. Hastyar Husseni provides clear leadership and accountability.
• Tangible Fixed Assets (£4,000): Presence of tangible assets supports some operational base and collateral value.

4. Due Diligence Notes:

• Investigate the nature and timing of current liabilities to assess their imminence and whether cash flow management plans are in place.
• Review business plan and cash flow forecasts to evaluate operational sustainability and potential for capital injection or profitability improvement.
• Confirm the director’s broader business experience and capacity to manage early-stage financial challenges.
• Explore reasons behind negative equity and whether this reflects initial setup costs, losses, or other factors.
• Verify the status and valuation of fixed assets to confirm recoverable value.