M.I.S LOGISTIC LTD

Executive Summary

M.I.S LOGISTIC LTD is a recently established micro-entity operating in freight transport by road. While it demonstrates compliance and short-term liquidity, long-term creditor levels exceeding net assets and lack of profitability data present medium solvency and operational risks. Further financial and governance due diligence is recommended to clarify the company’s sustainability and risk exposure.

M.I.S LOGISTIC LTD - Analysis Report

Company Number: 15204746

Analysis Date: 2025-07-20 11:05 UTC

1. Risk Rating: MEDIUM

The company is newly incorporated (October 2023) and classified as a micro-entity, with limited financial history. While it is currently active and compliant with filing deadlines, the financials show a net asset base of £8,740 but also long-term liabilities of £26,032 exceeding current assets, indicating potential solvency pressure. The absence of profit and loss data limits assessment of operational performance.

2. Key Concerns:

• Solvency Risk: The company’s creditors due after more than one year (£26,032) exceed total net assets (£8,740), suggesting a reliance on external funding and potential solvency risk if liabilities cannot be met long term.
• Limited Financial History: Being less than two years old with micro-entity accounts and no profit/loss disclosure restricts insight into revenue generation, profitability, and cash flow stability.
• Single Director and Shareholder Control: Concentration of control in one individual (Mr Mohammad Sheyni) may raise governance concerns and limit oversight or alternative perspectives on business risk.

3. Positive Indicators:

• Compliance: The company is up to date on all account and confirmation statement filings, reducing regulatory risk.
• Positive Net Current Assets: Current assets (£18,810) exceed current liabilities (£6,913), indicating adequate short-term liquidity for day-to-day operations.
• Clear Industry Focus: The company operates in freight transport by road (SIC 49410), a defined commercial sector with clear market demand, potentially supporting operational stability if managed prudently.

4. Due Diligence Notes:

• Profitability and Cash Flow: Review management accounts or internal financials to assess revenue streams, margins, and cash flow generation.
• Details of Long-term Creditors: Investigate the nature, terms, and counterparties of the £26,032 creditors falling due after more than one year to evaluate refinancing or repayment risks.
• Director Background: Conduct enhanced due diligence on Mr Mohammad Sheyni’s business and credit history to understand experience and risk profile.
• Business Plan and Contracts: Examine the company’s contracts, client base, and growth strategy to ascertain operational sustainability beyond its initial setup phase.