NP COMPLETIONS LIMITED
Executive Summary
NP Completions Limited is a newly formed private limited company with minimal financial resources and no significant trading history. While it maintains compliance with statutory filing requirements, the nominal asset base and single-director structure introduce high solvency and liquidity risk at this stage. Further due diligence on operational plans and director support is recommended to assess sustainability prospects.
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This analysis is opinion only and should not be interpreted as financial advice.
NP COMPLETIONS LIMITED - Analysis Report
Risk Rating: HIGH
The company displays extremely limited financial substance with nominal assets and equity of only £1, minimal operational history since incorporation in March 2023, and no meaningful trading evidence. These factors indicate elevated solvency and liquidity risk at this early stage.Key Concerns:
- Minimal Financial Base: Total assets less current liabilities and shareholders’ funds stand at £1, suggesting no operational capital or cash reserves.
- Newly Incorporated with Limited Activity: Incorporated less than two years ago and filing abridged unaudited accounts, so limited financial track record is available.
- Single Director and Shareholder Control: 100% ownership and control by one individual (Miss Nirali Patel) presents concentration risk and potential governance concerns.
- Positive Indicators:
- Compliance with Filing Requirements: No overdue accounts or confirmation statement filings, indicating regulatory compliance to date.
- Clear Ownership and Director Information: Transparency around PSC and director appointments reduces governance uncertainty.
- Small Company Filing Exemptions Utilized: Filing abridged accounts consistent with company size and statutory provisions, reducing compliance burden.
- Due Diligence Notes:
- Investigate the nature and scope of the company’s operations and business plan given the SIC code (management consultancy).
- Confirm existence of any tangible assets, cash flow sources, or contracts not reflected in the minimal balance sheet figures.
- Assess director background and capacity to fund or support the business through early development phases.
- Monitor future filings for evidence of trading, revenue generation, and improved financial position.
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