RIKOOZ PARTNERS LIMITED

Executive Summary

Rikooz Partners Limited exhibits a high solvency risk due to a negative net asset position driven by substantial long-term liabilities. While short-term liquidity appears adequate, the absence of employees and ongoing losses raise concerns about operational sustainability. The company remains compliant with filing requirements, but a detailed review of its liabilities and business model is essential before considering investment.

RIKOOZ PARTNERS LIMITED - Analysis Report

Company Number: 14123496

Analysis Date: 2025-07-29 12:19 UTC

1. Risk Rating: HIGH
   The company shows a negative net asset position (£-13,551 as at May 2024), indicating insolvency on a balance sheet basis. The significant long-term liabilities (£200,000) exceed shareholder funds, raising concerns about the company’s solvency and ability to meet obligations.

2. Key Concerns:

• Negative equity position persisting and worsening from prior years (£-5,459 in 2023 to £-13,551 in 2024), indicating accumulated losses or debt exceeding assets.
• Large long-term liabilities (£200,000) with no visible corresponding fixed assets or equity buffer, implying potential difficulty in servicing debt.
• Lack of employees and minimal operational detail suggests limited business activity and uncertain revenue generation capacity to sustain operations and repay liabilities.

3. Positive Indicators:

• Current assets (~£200,000) exceed current liabilities (~£13,554), providing a positive net working capital position and some short-term liquidity cushion.
• Company is current on filing obligations (accounts and confirmation statements), indicating regulatory compliance and governance attention.
• Controlled by a single director and majority shareholder, which may facilitate swift decision-making and strategic changes if needed.

4. Due Diligence Notes:

• Investigate nature and terms of the £200,000 long-term liabilities—creditors, repayment schedules, interest obligations.
• Clarify the company’s revenue streams, business model, and plans to return to profitability given the absence of employees and persistent negative equity.
• Review cash flow statements and bank balances (not provided) to assess liquidity beyond balance sheet snapshots.
• Confirm whether the company has any contingent liabilities or related party transactions that could impact financial stability.
• Verify the director’s background and any potential related-party involvement given sole control.