NICHOLAS KAREL LIMITED

Executive Summary

NICHOLAS KAREL LIMITED is a recently incorporated micro-entity with minimal financial resources and no operational history, leading to a high risk rating for solvency and sustainability. While regulatory compliance is current and ownership transparency is positive, the lack of assets and employees indicates the company is likely in a pre-trading or start-up phase. Further due diligence on funding and business viability is recommended before considering investment.

NICHOLAS KAREL LIMITED - Analysis Report

Company Number: 15049301

Analysis Date: 2025-07-29 19:10 UTC

1. Risk Rating: HIGH
   Given the extremely limited financial data with only £100 in current assets and net assets, no employees, and a very recent incorporation date, the company poses a high risk regarding its ability to meet obligations or sustain operations.

2. Key Concerns:

• Minimal Financial Resources: Net assets of only £100 indicate a lack of capital to cover liabilities or fund operations.
• No Operating History: Incorporated in August 2023 with no reported revenue or employees, suggesting the business has not yet established operational activity.
• Single Director and Shareholder Concentration: Complete control by one individual (Nikesh Patel) may present governance and continuity risks if circumstances change.

3. Positive Indicators:

• Compliant Filings: Accounts and confirmation statements are up to date, showing regulatory compliance so far.
• Clear Ownership and Control: Transparency in People with Significant Control register with no adverse director conduct reported.
• Micro-entity Status: Reduced filing burden which may suit a small start-up phase.

4. Due Diligence Notes:

• Investigate the company’s business plan and funding sources to assess liquidity prospects and capital injection plans.
• Clarify operational status: whether the company has started trading or secured contracts.
• Review director’s background and financial capacity to support the business if required.
• Monitor future filings for signs of financial growth or distress.