Company Number: 14673382

Analysis Date: 2025-07-29 14:04 UTC

1. Risk Rating: LOW

Justification: SAI BABA LOGISTICS GROUP LTD is a newly incorporated private limited company (incorporated February 2023) with no overdue filings and a positive net asset position of £120,516 at the year end 28 February 2024. The company shows a strong liquidity position with cash of £246,860 against current liabilities of £177,546, resulting in net current assets of £118,534. No signs of financial distress or regulatory non-compliance are evident from the available data.

2. Key Concerns:

• Limited operating history: As a company less than 2 years old, there is limited financial track record to assess operational stability or profitability trends.
• Small scale of operations: The business employs only one person and has minimal fixed assets (£1,982), which could limit operational capacity or growth potential.
• Concentration of control: The sole director and 100% shareholder is Mr. Mithun Balwant Rane, which may present governance risks associated with single-person control and lack of oversight.

3. Positive Indicators:

• Strong liquidity: Cash and current assets exceed current liabilities by a significant margin, indicating the company can meet its short-term obligations.
• Compliance with filings: No overdue accounts or confirmation statements as of the latest due dates, suggesting good regulatory compliance.
• Clean financial position: Net assets equal shareholders’ funds, and no debt beyond current liabilities is reported, indicating no long-term solvency concerns at this stage.

4. Due Diligence Notes:

• Verify operational performance: Request turnover, profit and loss details, and cash flow statements to assess ongoing viability beyond balance sheet snapshots.
• Understand business model and contracts: Given the SIC codes (freight transport by road and other passenger land transport), confirm the nature of contracts, customer base, and revenue sustainability.
• Review director background: Although no disqualifications are reported, further background checks on Mr. Rane could provide comfort on governance and integrity.