NAMASTE BAZAAR LIMITED

Executive Summary

NAMASTE BAZAAR LIMITED is an early-stage private company with initial profitability and positive net assets but exhibits negative working capital, highlighting liquidity risk. The company is compliant with regulatory filings and controlled by a single director-owner, which suggests governance concentration. Further examination of cash flow management and business sustainability is recommended to fully assess risk exposure.

NAMASTE BAZAAR LIMITED - Analysis Report

Company Number: 15333896

Analysis Date: 2025-07-19 12:56 UTC

1. Risk Rating: MEDIUM
   The company, NAMASTE BAZAAR LIMITED, is newly incorporated and has reported modest turnover and positive net assets. However, the negative net current assets position indicates potential short-term liquidity concerns that merit attention.

2. Key Concerns:

• Negative Working Capital: Net current assets stand at -£3,267, with current liabilities (£13,028) exceeding current assets (£9,761), which could signal cash flow constraints in meeting short-term obligations.
• Limited Operating History: Incorporated in December 2023, the company has only one financial period reported, limiting the ability to assess operational sustainability or trends.
• Concentration of Control: The sole director and 75-100% owner is Mr. Inderjeet Singh, which may pose governance risks due to lack of broader oversight or independent management.

3. Positive Indicators:

• Profitability in Initial Period: Despite being a start-up, the company reported an operating profit of £4,387 and net profit after tax of £3,183, showing initial operational viability.
• Positive Net Assets: Shareholders’ funds of £3,283 indicate the business has capital backing above liabilities overall.
• Compliance with Filings: The company is current with both accounts and confirmation statement filings, showing regulatory compliance and good governance on this front.

4. Due Diligence Notes:

• Investigate the nature and timing of trade creditors (£11,824) to understand payment terms and any pressure on cash flow.
• Evaluate cash flow forecasts to assess how the company plans to manage the negative working capital situation going forward.
• Review business plan and market prospects in wholesale sectors (furniture, beverages, spices) to establish sustainability and growth potential.
• Clarify related party transactions or financial support from the sole shareholder or other sources.
• Confirm absence of any director conduct issues or regulatory flags for Mr. Inderjeet Singh.