Company Number: 15024579

Analysis Date: 2025-07-29 13:07 UTC

1. Risk Rating: LOW

The company is newly incorporated (July 2023) and operates within the micro-entity category, with modest assets and no employees. The financial position as of the first reported year-end (July 2024) shows positive net current assets and shareholders' funds, indicating the company currently holds sufficient short-term resources to cover its liabilities.

2. Key Concerns:

• Limited Operating History: The company has been active for just over one year, providing limited financial and operational data to assess sustainability or growth prospects.
• Minimal Financial Scale: Current assets and net assets are low (£5,997 and £2,136 respectively), which may limit the company’s ability to absorb unexpected expenses or invest in growth.
• Single Director and Sole Control: Full ownership and control by one individual (Mr. Sheryar Haider Habib) concentrates business decision-making risk and limits checks and balances.

3. Positive Indicators:

• Clean Compliance Record: No overdue filings for accounts or confirmation statements, demonstrating good governance and regulatory compliance so far.
• Positive Working Capital: Net current assets of £2,136 suggest the company can meet its short-term obligations.
• Micro-entity Exemption Utilized: The company benefits from simplified reporting, reducing administrative burden and associated costs.

4. Due Diligence Notes:

• Verify the nature and source of current assets (£5,997) to confirm liquidity quality (e.g., cash vs. receivables).
• Assess business model viability given no employees and the micro scale of operations.
• Investigate the company’s revenue generation, contracts, and customer base as these are not disclosed in the accounts.
• Monitor director conduct and governance practices given sole control by one individual.
• Review future cash flow forecasts to evaluate ongoing liquidity and solvency risk.