MAI PEOPLE LIMITED

Executive Summary

MAI PEOPLE LIMITED is a newly incorporated private limited company with early-stage financial distress evidenced by negative net assets and liquidity shortfalls primarily due to director loans. While the company is compliant with filing requirements and has clear ownership, the absence of trading activity and undercapitalization represent significant risks to solvency and operational stability. Careful monitoring and further inquiry into its business model and funding plans are essential.

MAI PEOPLE LIMITED - Analysis Report

Company Number: 14935659

Analysis Date: 2025-07-29 20:20 UTC

1. Risk Rating: HIGH
   The company exhibits significant solvency and liquidity concerns as it reports net liabilities and negative shareholders’ funds shortly after incorporation, with minimal current assets and liabilities primarily owed to the director.

2. Key Concerns:

• Negative Net Assets and Shareholders’ Funds: The company shows net liabilities of £1,350 and negative equity (£-1,450), indicating it is undercapitalized and insolvent on a balance sheet basis.
• Liquidity Constraints: Cash on hand is only £650 against current liabilities of £2,000 (director’s loan), resulting in a negative net current asset position of £-1,350, suggesting immediate cash flow stress.
• No Operational Revenue or Employees: The accounts reflect no employees and no reported turnover or operational activity, indicating the business may not yet be trading or generating income to support operations.

3. Positive Indicators:

• Compliance with Filings: The company is current with its annual accounts and confirmation statement filings, showing procedural compliance and no regulatory filing concerns at this stage.
• Single Owner with Full Control: The sole director and 100% shareholder is clearly identified, simplifying governance and decision-making processes.
• Small Company Reporting Exemptions: Utilizing small company exemptions reduces administrative burden and costs, appropriate for an early-stage entity.

4. Due Diligence Notes:

• Investigate the nature and terms of the £2,000 director’s loan to understand if it is repayable on demand or has other conditions affecting liquidity.
• Confirm whether the company is currently trading or has any contracts/customer pipelines to generate revenue.
• Review business plans and funding strategy to assess how the company intends to resolve the negative equity and liquidity shortfall.
• Monitor future filings for signs of operational progress or worsening financial position.