MIR CREATION LIMITED

Executive Summary

MIR CREATION LIMITED demonstrates a low solvency and compliance risk profile supported by positive net assets and current regulatory filings. However, its micro-scale operations, zero employee count, and sole director control present operational and governance considerations that warrant further investigation. The company’s financial position appears stable but limited in liquidity and scale, typical of a small private retail business.

MIR CREATION LIMITED - Analysis Report

Company Number: 13523861

Analysis Date: 2025-07-19 11:55 UTC

1. Risk Rating: LOW
   The company displays a positive net asset position with improving net current assets and no overdue filings, indicating sound financial compliance and solvency for a micro-entity.

2. Key Concerns:

• Minimal Scale and Employee Base: The company operates with zero employees and limited fixed assets, which may constrain operational capacity and scalability.
• Tight Working Capital: Although improved, net current assets remain modest (£676 in 2024), suggesting limited liquidity buffers.
• Single Director and Shareholder Control: Full control by one individual increases governance risk and potential succession or continuity concerns.

3. Positive Indicators:

• Solvent with Positive Net Assets: Net assets have grown from £1,345 in 2023 to £2,223 in 2024, indicating improved financial health.
• Timely Regulatory Compliance: All filings including annual accounts and confirmation statements are up to date, reducing compliance risk.
• Stable Financial Position: Current liabilities are well matched by current assets, with a positive net current asset position improving year-over-year.

4. Due Diligence Notes:

• Verify the nature of the company’s retail activities under SIC 47990 and assess revenue generation given no employees reported.
• Review detailed cash flow statements or bank statements (not provided) to confirm liquidity beyond balance sheet snapshots.
• Confirm any related party transactions or financial support from the sole director to understand operational dependencies.
• Assess the business model sustainability given the micro-entity scale and absence of staff.