MULTIPLE SCLEROSIS-UK LIMITED

Risk Rating: LOW Justification: Based on the available corporate data, MULTIPLE SCLEROSIS-UK LIMITED presents a low overall risk profile. The company has been operational for over 30 years (incorporated in 1993), maintains an active status, and is fully compliant with statutory filing requirements (no overdue documents). The corporate structure (limited by guarantee) and SIC codes indicate a not-for-profit or charitable operation, which inherently removes equity investment risk, though operational and funding sustainability risks remain.

Key Concerns: * Lack of Financial Visibility: The company is categorized as "Small," meaning it files abbreviated accounts. No financial figures (assets, liabilities, cash position) were provided in the data set. Without this, it is impossible to quantify liquidity buffers, solvency margins, or reliance on grant funding. * Anomalous Filing Dates: The accounts and returns information show "last made up" dates in the future (December 2025 and August 2026). While the filings are marked as not overdue, these future dates suggest either a data extraction anomaly or an unusual accounting reference period that requires clarification to ensure true compliance. * Governance and Board Size: The company has nine directors. While common in charitable organizations requiring a broad board of trustees, a board of this size can occasionally lead to slower decision-making or operational inefficiencies if not managed with strict governance structures.

Positive Indicators: * Longevity and Stability: Having been incorporated for over three decades demonstrates significant operational staying power and historical resilience. * Regulatory Compliance: Both the annual accounts and the confirmation statement are marked as filed and not overdue, indicating attentive administrative management. * Corporate Evolution: The name change in 2012 (from THE MULTIPLE SCLEROSIS RESOURCE CENTRE LIMITED) suggests a strategic rebranding and modernization, rather than the use of name changes to obscure a poor trading history, which is common in higher-risk entities.

Due Diligence Notes: * Charity Commission Verification: Given the "limited by guarantee" structure and the SIC codes relating to human health and social work, this entity almost certainly operates as a registered charity. The Charity Commission register should be consulted to verify their status, review submitted trustee annual reports, and assess fundraising ratios. * Financial Health Check: Procure the latest full accounts (even if abbreviated at Companies House) directly from the organization or the Charity Commission. Focus on reserves policy, liquidity ratios, and the diversification of income streams (e.g., grants vs. individual donations). * Filing Date Clarification: Investigate the Companies House register directly to resolve the anomaly regarding the future "last made up" dates for accounts and confirmation statements. * PSC Verification: The data indicates a "Persons with significant control statement" rather than named individuals. For a company limited by guarantee, this is standard (as there are no shareholders), but the exact nature of the statement should be reviewed to ensure no undisclosed corporate controllers exist.