Company Number: 15128504

Analysis Date: 2025-07-20 16:39 UTC

1. Risk Rating: LOW
   The company is newly incorporated (less than two years old) and qualifies as a micro-entity with modest asset levels. It shows positive net current assets and net assets, with no overdue filings, indicating compliance and initial financial stability. The sole director and majority shareholder is clearly identified with no adverse information.

2. Key Concerns:

• Limited operating history: Incorporated in September 2023, MEDIWORKS LTD has under two years of operational data, making long-term operational stability harder to assess.
• Small scale financials: Fixed and current assets are very low (£722 and £3,813 respectively), suggesting limited working capital and potential vulnerability to unexpected expenses or cash flow disruptions.
• Single director/shareholder control: While not inherently negative, concentration of control in one individual (75-100% ownership and voting rights) may pose governance risks or limit external oversight.

3. Positive Indicators:

• Positive net current assets (£2,283) and net assets (£3,005) indicate the company can currently meet short-term liabilities and has a positive equity position.
• All statutory filings (accounts and confirmation statement) are up to date and not overdue, demonstrating regulatory compliance and governance discipline.
• The company operates in a regulated sector (general medical practice activities) with a director who is a paramedic, suggesting relevant industry expertise at the leadership level.

4. Due Diligence Notes:

• Review detailed cash flow statements and profit and loss accounts (if available) to assess revenue generation and sustainability.
• Investigate the nature and source of current assets to confirm liquidity quality (e.g., cash vs. receivables).
• Confirm the director’s background and check for any prior insolvency or disqualification records, although none are indicated here.
• Monitor the company’s business plan and growth trajectory given its micro-entity status and limited operational history.
• Evaluate any related party transactions or dependence on the director for operational continuity.