MANA NABA LIMITED

Executive Summary

Mana Naba Limited is a micro-entity with minimal financial resources and significant short-term creditor obligations exceeding current assets, indicating heightened solvency and liquidity risk. While regulatory filings are current and the business operates in a potentially scalable sector, the very limited equity base and sole director ownership highlight governance and operational vulnerabilities. Further due diligence on cash flows, creditor composition, and business prospects is recommended before investment consideration.

MANA NABA LIMITED - Analysis Report

Company Number: 14073842

Analysis Date: 2025-07-20 11:33 UTC

1. Risk Rating: HIGH
   The company shows minimal net assets (£14) and a very small net current asset position (£1,814), with significant short-term creditors exceeding current assets (£60,177 in assets vs. £77,450 creditors). It is a micro-entity with only one employee (the director) and limited financial history since incorporation in 2022. The financial statements are unaudited, further limiting confidence in the reported figures.

2. Key Concerns:

• Solvency and Liquidity Pressure: Creditors due within one year exceed current assets by a substantial margin (£77,450 vs £60,177), indicating potential difficulties meeting short-term obligations.
• Limited Financial Depth: The company has minimal net assets and equity (£14), raising concerns about its capital buffer and ability to absorb losses or finance operations.
• Single Director and Owner: The company is wholly owned and controlled by one director with full voting rights, which concentrates operational and governance risk, and may reduce oversight.

3. Positive Indicators:

• Compliance with Filings: Accounts and confirmation statement filings are up to date and not overdue, suggesting regulatory compliance.
• Micro-Entity Status: The company benefits from simplified reporting requirements, which is consistent with its size and early stage.
• Clear Industry Classification: The business operates in media representation and music publishing, which may have scalable revenue potential if managed well.

4. Due Diligence Notes:

• Review cash flow statements and creditor aging to assess actual liquidity pressures and payment patterns.
• Investigate the nature and terms of the £77,450 creditors to understand whether these are trade payables, accrued expenses, or related party loans.
• Assess the business plan and revenue pipeline given the early stage and minimal employee count.
• Consider director background and capacity to manage financial and operational risks, including any related party transactions.
• Confirm the absence of contingent liabilities or off-balance sheet obligations not disclosed in these micro-entity accounts.