PARRAMATTA IMPORT AND EXPORT LTD

Executive Summary

PARRAMATTA IMPORT AND EXPORT LTD is a newly formed micro-entity with negative net equity and limited current assets, resulting in a high solvency risk. While statutory compliance is up to date, lack of trading activity and minimal operational scale raise significant concerns about liquidity and sustainability. Further investigation into liabilities and business plans is recommended before considering investment.

PARRAMATTA IMPORT AND EXPORT LTD - Analysis Report

Company Number: 15126926

Analysis Date: 2025-07-29 12:08 UTC

1. Risk Rating: HIGH
   Justification: As a newly incorporated micro-entity with minimal assets and negative net equity, the company demonstrates weak solvency. Current liabilities due after more than one year exceed current assets, resulting in net liabilities. There is no trading history or employee base to support operational sustainability.

2. Key Concerns:

• Negative shareholders’ funds (£-88) indicating insolvency on a balance sheet basis, albeit small scale.
• Very limited current assets (£2,861) and a small working capital base with potential liquidity constraints.
• No employees and no disclosed trading activity or revenue, raising questions on operational viability and business model execution.

3. Positive Indicators:

• Company is active with no overdue filings, demonstrating compliance with statutory deadlines.
• Sole director and 100% shareholder is clearly identified, allowing straightforward governance oversight.
• No off-balance sheet liabilities or contingent obligations disclosed in the accounts.

4. Due Diligence Notes:

• Investigate the nature and terms of the £2,699 creditors due after one year to understand long-term liabilities and repayment capacity.
• Seek clarification on business plan, revenue generation, and cash flow projections given the absence of employees and trading history.
• Verify director’s background and financial standing to assess ability and intent to support company funding or operational ramp-up.
• Confirm whether external funding or loans have been arranged or are planned to sustain operations.