Company Number: 15161680

Analysis Date: 2025-07-20 16:50 UTC

1. Risk Rating: MEDIUM
   RO M&D TRANSPORT LTD is a very recently incorporated company (September 2023) with limited financial history. The company reports modest net assets (£565) and positive net current assets (£6,565), indicating it currently meets short-term liabilities. However, the presence of £6,000 long-term bank loans relative to very low equity and cash balances (£8,413) suggests some leverage risk, typical for a startup. The company has complied with filing requirements and is not overdue on accounts or confirmation statements. Overall, the financials are early-stage but show no immediate solvency distress.

2. Key Concerns:

• Low equity base (£565) combined with bank loans (£6,000) indicates limited financial buffer to absorb losses or shocks.
• Very limited operating history and unaudited accounts restrict ability to assess profitability and cash flow sustainability.
• Reliance on a single director and 100% shareholder who is also the sole decision maker could pose governance and succession risks.

3. Positive Indicators:

• The company is fully compliant with statutory filing deadlines and has no overdue accounts or returns, indicating good governance discipline.
• Positive net current assets and cash on hand (£8,413) exceed current liabilities (£1,848), suggesting short-term liquidity is adequate.
• The company operates in transportation support and freight transport sectors, which have stable demand fundamentals.

4. Due Diligence Notes:

• Review detailed cash flow statements and profit and loss accounts (not delivered to Registrar) to evaluate operational cash generation and profitability.
• Assess terms and covenants of the £6,000 bank loan to understand repayment obligations and refinancing risk.
• Investigate director experience and track record, given sole control by Mr. Mihai-Silviu Batutu, to evaluate management capability and governance.
• Monitor any future filings for changes in equity, debt levels, or signs of financial stress as the company matures beyond its first year.