Company Number: 14527640

Analysis Date: 2025-07-20 13:52 UTC

1. Risk Rating: LOW
   NIGER PLUS LTD demonstrates a sound financial position for a micro-entity with positive net current assets and net assets. The company is active, compliant with filing deadlines, and has no overdue accounts or confirmation statements, indicating good governance and regulatory compliance.

2. Key Concerns:

• Limited financial history: Incorporated in late 2022, with only one full year of accounts filed, restricting trend analysis or assessment of operational sustainability over time.
• No employees reported: The absence of employees may suggest reliance on the director or contractors, which could affect scalability and operational stability.
• Single shareholder/director control: While common in small private companies, 100% ownership and control concentrated in one individual could pose governance risks and lack of oversight.

3. Positive Indicators:

• Positive working capital (£5,155) and net assets (£7,217) indicate solvency and ability to meet short-term obligations.
• No overdue filings for accounts or confirmation statements, showing regulatory compliance and good administrative practices.
• The director and sole shareholder are consistent with the registered address, simplifying accountability.

4. Due Diligence Notes:

• Obtain detailed financial statements or management accounts to assess revenue streams, profitability, and cash flow dynamics beyond balance sheet snapshots.
• Clarify the nature of business activities under SIC code 86900 ("Other human health activities") for operational risks and market positioning.
• Investigate any related-party transactions or director loans given the sole directorship and shareholding structure.
• Confirm absence of contingent liabilities or off-balance-sheet obligations.
• Review any contractual commitments or regulatory licenses relevant to the healthcare sector.