Company Number: 14836408

Analysis Date: 2025-07-29 16:18 UTC

1. Risk Rating: LOW

The company MAINHALE LIMITED is newly incorporated (May 2023) and filed timely micro-entity accounts for the first financial year ending May 2024, showing a strong net asset position with no current liabilities. There are no overdue filings or indications of financial distress, supporting a low risk rating at this early stage.

2. Key Concerns:

• The company is less than two years old, so there is limited financial history to assess operational sustainability or profitability trends.
• The ownership and directorship are concentrated in a single individual (Mrs. Stella Antoniadi), which could pose governance risks if not adequately managed.
• The company operates in wholesale trade sectors that can be competitive and sensitive to economic cycles; no revenue or profit figures are disclosed to validate business performance.

3. Positive Indicators:

• The balance sheet shows £504,002 in net assets with zero current liabilities, indicating strong solvency and liquidity.
• Current assets of £419,000 significantly exceed current liabilities, implying good short-term financial flexibility.
• All statutory filings including accounts and confirmation statements are up to date with no overdue notices.
• The company has a clear controlling person with full voting rights and director control, simplifying decision-making.

4. Due Diligence Notes:

• Obtain profit & loss information or cash flow data to better understand operational viability and revenue generation.
• Review contracts or customer relationships given the wholesale trade nature to assess sustainability and risk exposure.
• Verify internal controls and governance practices given the single director/secretary structure and 100% ownership by one individual.
• Monitor future filings for consistency and growth trends, especially given the company’s young age.