Company Number: 15019467

Analysis Date: 2025-07-29 14:03 UTC

1. Risk Rating: MEDIUM
   The company is newly established (incorporated in July 2023) and classified as a micro-entity. While it is currently active and compliant with filing requirements, its modest net assets (£1,807) and presence of long-term creditors (£14,467) relative to total assets suggest potential solvency pressures. The small size and limited financial history limit the ability to fully assess stability, warranting a cautious medium risk rating.

2. Key Concerns:

• Solvency Risk: Net assets are minimal (£1,807) with sizeable long-term liabilities (£14,467), indicating tight equity buffers to absorb losses or meet obligations.
• Liquidity Position: Current assets (£10,742) plus prepayments/accured income (£15,094) exceed current liabilities (£22,917), yielding positive net current assets (£2,919), but reliance on prepayments may affect cash flow availability.
• Operational Track Record: Being less than one year old, the company lacks a financial track record to demonstrate sustainable operations and profitability.

3. Positive Indicators:

• Compliance: No overdue accounts or confirmation statements, showing good regulatory adherence.
• Director Ownership and Control: Single director and 75-100% shareholder control by Mr. Hunar Mohammed Rasul provides clear governance and decision-making structure.
• Employee Base: Employing 5 people indicates some operational capacity beyond a sole proprietor, suggesting initial scale to support business activities.

4. Due Diligence Notes:

• Verify the nature and terms of the long-term creditors (£14,467) to assess potential repayment risk and impact on solvency.
• Investigate the composition of current assets and prepayments/ accrued income for liquidity reliability.
• Review business plan, customer contracts, and revenue projections to evaluate operational sustainability given the company’s infancy.
• Confirm director’s background and track record given sole control, to assess governance risk.