Company Number: 13517215

Analysis Date: 2025-07-20 11:01 UTC

1. Risk Rating: HIGH
   Justification: The company exhibits extremely limited financial scale with very low net assets (£308 in 2024) and minimal cash reserves (£272). Current liabilities nearly match current assets, leaving minimal working capital buffer. The company is very small, with only one employee and no audited accounts, increasing uncertainty around operational and financial robustness.

2. Key Concerns:

• Thin liquidity position: Cash on hand is only £272 against current liabilities of £2,068, indicating potential cash flow constraints.
• Limited capitalization and equity: Shareholders’ funds stand at just £308, suggesting minimal financial resilience to absorb losses or unexpected costs.
• Lack of audit and limited disclosures: Filing unaudited abridged accounts with no profit & loss statements reduces transparency and limits assessment of profitability and operational performance.

3. Positive Indicators:

• Compliance up to date: No overdue filings or confirmation statements, indicating adherence to basic regulatory requirements.
• Stable director and ownership: Single director and 75-100% ownership by Mr. Jaytinder Singh Sapra, suggesting clear control and accountability.
• Consistent net current assets: Slightly positive net current assets over multiple years implies basic working capital management.

4. Due Diligence Notes:

• Investigate the nature and collectability of debtors (£2,104), which form the bulk of current assets and could impact liquidity if impaired.
• Review operational cash flows and profit generation since no profit & loss account was filed; ascertain business model sustainability.
• Confirm any contingent liabilities or off-balance sheet obligations not reflected in the abridged accounts.
• Evaluate the company’s revenue streams and customer concentration given the retail SIC codes and minimal asset base.