MIRKOT SERVICES LTD

Executive Summary

MIRKOT SERVICES LTD shows low immediate solvency and liquidity risk based on its first year of filing, with positive net assets and no overdue statutory requirements. However, the company's very recent incorporation and limited financial disclosures restrict a comprehensive assessment of operational sustainability. Investors should seek additional financial details and monitor future filings to gain a fuller picture of business viability.

MIRKOT SERVICES LTD - Analysis Report

Company Number: 14939678

Analysis Date: 2025-07-29 16:31 UTC

1. Risk Rating: LOW

Justification: MIRKOT SERVICES LTD is a newly incorporated micro-entity (incorporated June 2023) with its first set of accounts filed for the year ending June 2024. The company shows positive net current assets (£7,916) and net assets (£6,957), indicating its ability to meet short-term obligations. There are no overdue filings or signs of regulatory non-compliance. The company is active and not in liquidation or administration.

2. Key Concerns:

• Limited Financial History: As a newly formed entity with only one financial year reported, there is insufficient historical data to assess trends in profitability, cash flow, or solvency.
• Minimal Scale and Resources: The company operates with only one employee and has relatively small asset and liability figures, which may limit operational resilience and growth potential.
• Lack of Profit and Loss Disclosure: The profit and loss account has not been filed publicly, limiting insight into revenue generation and expense management.

3. Positive Indicators:

• Compliance: All statutory filings (accounts and confirmation statements) are up to date with no overdue filings or penalties.
• Positive Working Capital: Current assets exceed current liabilities by a comfortable margin, suggesting adequate liquidity at present.
• Clear Ownership and Control: Two persons hold 25-50% each of shares and voting rights, indicating stable ownership without complex control structures.

4. Due Diligence Notes:

• Request full profit and loss statements or management accounts to assess operational profitability and cash flow.
• Understand the nature and sustainability of the business model classified under SIC codes 96090 (Other service activities) and 86101 (Hospital activities).
• Investigate related party transactions or financial commitments not captured in micro-entity filings.
• Monitor future filings for consistency and to detect any emerging financial or regulatory issues.
• Confirm the background and expertise of directors and persons with significant control to evaluate governance strength.