Company Number: 13437483

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

1. Risk Rating: MEDIUM

   The company demonstrates some positive net assets and shareholder funds in recent years, but the presence of long-term creditors and fluctuating net asset figures, including a negative net asset position in the latest balance sheet, suggest moderate solvency risk. The absence of employees and limited current assets also point to potential operational scale limitations.

2. Key Concerns:

   • Negative Net Asset Position: The balance sheet as of 30 June 2024 shows net assets of -£1,583, indicating the company’s liabilities exceed its assets, which is a solvency concern.
   • Long-Term Creditors: The company has creditors falling due after more than one year amounting to £3,800, raising questions about the nature and terms of these liabilities and the company’s ability to meet them.
   • Lack of Operational Scale: The company reports zero employees and minimal current assets (~£4,054), which may affect operational stability and growth potential.

3. Positive Indicators:

   • Timely Filing and Compliance: There are no overdue filings for accounts or confirmation statements, indicating good regulatory compliance.
   • Consistent Director and Control: The sole director and majority shareholder, Mr. Muhammad Haseeb, has maintained consistent control since incorporation, providing stable governance.
   • Micro-Entity Status: The company qualifies as a micro-entity, suggesting relatively low complexity and potentially limited financial risk exposure.

4. Due Diligence Notes:

   • Clarify the nature and repayment schedule of the long-term creditors (£3,800) to assess solvency and liquidity risks.
   • Review cash flow statements or bank balances (not provided) to evaluate short-term liquidity beyond current assets and liabilities.
   • Investigate business model sustainability given zero employees and limited financial resources—determine if the company relies on outsourcing or other operational arrangements.
   • Confirm whether the negative net asset figure in the latest accounts is an accounting classification issue or reflects actual financial distress.