QUALITY FREIGHT SOLUTIONS GLOBAL LIMITED
Executive Summary
QUALITY FREIGHT SOLUTIONS GLOBAL LIMITED is a recently established private limited company with minimal financial activity or capitalization reported in its first accounting period. While regulatory compliance is current, the absence of operational data and negligible equity position present significant solvency and liquidity risks. Prospective investors should conduct thorough due diligence on business viability and funding plans before engagement.
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This analysis is opinion only and should not be interpreted as financial advice.
QUALITY FREIGHT SOLUTIONS GLOBAL LIMITED - Analysis Report
- Risk Rating: HIGH
Justification: The company is newly incorporated (August 2023) and has filed accounts for a period ending August 2024 showing virtually no operational or financial activity. The balance sheet reports zero current assets, liabilities, and no employees, with net assets of only £1, indicating no meaningful capital or trading history. This absence of financial substance or trading results suggests very high risk from a solvency and liquidity perspective.
- Key Concerns:
- Lack of Operating Activity: No recorded assets, liabilities, cash, debtors, stock, or employees over the reported period, indicating no trading or revenue generation to date.
- Minimal Capitalization: Shareholders’ funds stand at £1, which is negligible and implies no financial buffer or resource to meet obligations.
- Single Director Control: Full ownership and control by a single director/shareholder may pose governance risk and limit external oversight.
- Positive Indicators:
- Compliance with Filing Requirements: Accounts and confirmation statements are up to date and no overdue filings are noted, indicating regulatory compliance thus far.
- Clear Ownership and Management: The sole director and PSC are identified with no adverse conduct records mentioned.
- Industry Classification: The company is registered in freight transport sectors, which can be a stable market if operations commence and scale adequately.
- Due Diligence Notes:
- Investigate Business Plan and Operational Status: Confirm whether trading has commenced or if the company remains dormant despite being active in status.
- Assess Capital Injection Plans: Determine if and when the company plans to raise funds or acquire assets to support operations.
- Review Director Background and Intentions: Validate the director's industry experience, financial backing, and strategic intent to mitigate risks associated with single-person control.
- Monitor Future Financial Filings: Scrutinize subsequent accounts for evidence of trading activity, asset acquisition, and working capital improvements.
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