Company Number: SC775068

Analysis Date: 2025-07-29 20:09 UTC

1. Risk Rating: LOW

   Justification: MY MEDIPRO LIMITED is a newly incorporated micro-entity (since July 2023) with a clean filing record—no overdue accounts or confirmation statements. The latest financials show positive net current assets (£5,661) and shareholders’ funds of the same amount, indicating positive working capital and equity. With only one employee and a sole director/shareholder, governance is straightforward but concentrated. There are no signs of insolvency or liquidity stress at this early stage.

2. Key Concerns:

   • Limited Operating History: Incorporated less than two years ago, so financial and operational track record is minimal, increasing uncertainty about future performance.
   • Small Scale and Single Employee: Micro size with only one employee limits operational capacity and scalability, which may affect sustainability.
   • Director Concentration: Single director holds full control over the company’s decisions and shares, which can pose governance and succession risks.

3. Positive Indicators:

   • Solid Working Capital Position: Current assets exceed current liabilities by a comfortable margin, indicating ability to meet short-term obligations.
   • Up-to-Date Compliance: No overdue filings for accounts or confirmation statements, reflecting good regulatory compliance.
   • Clear Ownership and Control: Ownership and control concentrated in one individual simplifies accountability and decision-making.

4. Due Diligence Notes:

   • Business Model and Revenue Streams: Investigate the company’s business activities in more detail given the SIC code (engineering-related scientific and technical consulting) and very limited financial data.
   • Cash Flow and Profitability Projections: Request management accounts or forecasts to understand how the company plans to generate sustainable cash flow.
   • Director Background and Commitments: Review the director’s experience and any other business interests to assess capacity to manage the company effectively.