Company Number: 15054497

Analysis Date: 2025-07-20 12:54 UTC

1. Risk Rating: LOW
   MDG Holding Limited is a newly incorporated micro-entity with minimal financial complexity. The company shows positive net current assets and net assets, no overdue filings, and no indications of financial distress or regulatory non-compliance.

2. Key Concerns:

• Limited Financial History: Incorporated in August 2023, with only one financial period reported, limiting assessment of operational performance or trends.
• Small Capital Base: Share capital of only £300, indicating limited equity buffer against potential losses.
• Deferred Income/Accruals: Negative balance of £120 under accruals and deferred income suggests some liabilities or income recognition timing issues worth reviewing.

3. Positive Indicators:

• Filing Compliance: Both accounts and confirmation statement are filed on time with no overdue status, reflecting good governance practices.
• Positive Working Capital: Net current assets of £260 indicate the company can meet short-term liabilities with current assets.
• Shareholder and Director Stability: Directors and Persons with Significant Control (PSCs) are consistent, with clear ownership and control structure. Both directors reside at the same registered address, which may facilitate effective management oversight.

4. Due Diligence Notes:

• Review Business Model and Revenue Streams: The company is classified under SIC 64209 (holding company activities not elsewhere classified); it is essential to understand its underlying investments or subsidiaries to assess operational sustainability.
• Examine Deferred Income Details: Clarify the nature of the £120 accruals/deferred income to understand timing and liquidity impacts.
• Monitor Future Financial Statements: Given the early stage of the company, subsequent filings will provide better insight into financial health and operational progress.