MAVEON LOGISTIC LTD

Executive Summary

MAVEON LOGISTIC LTD is currently facing significant solvency and liquidity risks evidenced by persistent negative equity and working capital deficits over multiple years. While the company maintains good compliance and operational continuity, its financial stability appears fragile without evident corrective measures. Further due diligence should focus on cash flows, liabilities structure, and strategic plans to restore financial health.

MAVEON LOGISTIC LTD - Analysis Report

Company Number: 13037470

Analysis Date: 2025-07-19 13:04 UTC

1. Risk Rating: HIGH
   The company exhibits persistent negative net assets and net current liabilities over a five-year period, indicating ongoing solvency challenges and financial distress.

2. Key Concerns:

• Negative Net Assets: Consistent net liabilities ranging from -£3,222 to -£4,403 show the company has more liabilities than assets, undermining solvency.
• Working Capital Deficit: Negative net current assets each year highlight liquidity risks and potential inability to meet short-term obligations.
• Lack of Capital Injection: Share capital remains minimal at £100 with no indication of fresh equity or debt restructuring to stabilize finances.

3. Positive Indicators:

• Compliance: The company is current with all statutory filings including accounts and confirmation statements, indicating adherence to regulatory requirements.
• Stable Management: The sole director, appointed at incorporation, remains in place, suggesting operational continuity.
• Micro-Entity Status: Operating under micro-entity accounting standards, the company benefits from reduced reporting complexity, potentially lowering administrative burden.

4. Due Diligence Notes:

• Investigate the nature and maturity of current liabilities to assess imminent repayment risks and creditor pressure.
• Review cash flow statements for recent periods to better understand operational cash generation and liquidity management.
• Ascertain if there are any contingent liabilities or off-balance sheet arrangements not disclosed in the micro-entity accounts.
• Confirm whether any capital injections or debt restructuring negotiations are underway to address negative equity.
• Evaluate business model viability given sustained losses and whether management has a credible recovery plan.