Company Number: 12590640

Analysis Date: 2025-07-29 14:17 UTC

1. Risk Rating: LOW
   NISSER LIMITED demonstrates a strong liquidity position with substantial net current assets and zero current liabilities. The absence of overdue filings and ongoing active status further supports a low risk profile.

2. Key Concerns:

• Declining current assets from £403k in 2023 to £262k in 2024 may warrant monitoring to understand cash flow trends.
• The company is classified as "Non-trading," suggesting no active commercial revenue generation, which may impact long-term operational sustainability.
• Lack of employees and fixed assets indicates a potentially dormant operational model despite active status, raising questions on business continuity.

3. Positive Indicators:

• No current liabilities and positive net assets (£262,497 as of 2024) indicate strong solvency and liquidity.
• Timely filing of accounts and confirmation statements with no overdue returns reflects good regulatory compliance and governance.
• Shareholders’ funds remain positive and stable, suggesting maintained equity buffer.

4. Due Diligence Notes:

• Investigate the nature and source of current assets to confirm liquidity quality (e.g., cash vs. receivables).
• Clarify the company’s operational status given its SIC code as a non-trading entity and no employees recorded.
• Review directors’ intent and business plans to assess future trading potential and sustainability.