PRIME OFFERS LIMITED

Executive Summary

PRIME OFFERS LIMITED is a micro-entity with a stable balance sheet and no overdue statutory filings, suggesting low immediate financial risk. The company benefits from a clean compliance record and improving liquidity but is highly concentrated in ownership and has minimal operational scale. Further due diligence on provisions and business sustainability is recommended to confirm long-term viability.

PRIME OFFERS LIMITED - Analysis Report

Company Number: SC687874

Analysis Date: 2025-07-29 14:53 UTC

1. Risk Rating: LOW
   PRIME OFFERS LIMITED demonstrates a stable financial position with positive net assets and net current assets, no overdue filings, and a single director with full control. The company’s solvency and liquidity indicators appear sound for a micro-entity, with no immediate red flags in the provided data.

2. Key Concerns:

• Reliance on a single director and majority shareholder (Mr Muhammad Umair Maqsood), which could pose governance risks.
• Lack of employees and minimal operational scale may limit business sustainability and growth potential.
• Provisions for liabilities are present (£2,616), though not large, the nature of these provisions should be clarified to assess any contingent risks.

3. Positive Indicators:

• Positive and increasing net current assets from £14,948 (2023) to £26,295 (2024), indicating improving liquidity.
• Net assets have nearly doubled over the past year, reflecting retained earnings or capital injection.
• No overdue accounts or confirmation statements, indicating good compliance with statutory filing requirements.
• The company qualifies as a micro-entity, simplifying reporting and reducing administrative burdens.
• The business operates in a growing sector (retail sale via mail order or Internet), which may offer scalable opportunities.

4. Due Diligence Notes:

• Investigate the nature and cause of provisions for liabilities to understand potential future cash outflows.
• Confirm the company’s revenue streams and profitability since no profit and loss data was provided.
• Review the business model and plans for operational expansion given the zero employees and limited physical presence.
• Assess any related party transactions or director loans given the sole ownership and control structure.
• Verify that all regulatory compliance beyond Companies House filings is met, especially given the online retail sector’s consumer protection requirements.