Company Number: 14849484

Analysis Date: 2025-07-29 17:40 UTC

1. Risk Rating: LOW
   Siboz Ltd shows a solid initial financial position with positive net assets and shareholders’ funds. The company is current with filings and has no overdue accounts or confirmation statements. The director is also the sole person of significant control, providing clear governance. The company’s liabilities appear manageable relative to cash holdings and net current assets.

2. Key Concerns:

• Reliance on Director Loan: The long-term creditor balance (£26,969) is a director loan, which could pose risk if the director withdraws support or if it is recalled unexpectedly.
• Limited Operating History: Incorporated in May 2023, the company has less than one full financial year of operations, providing limited data on sustainability or profitability.
• Single Employee and Director: Operational capacity may be constrained, increasing vulnerability to key person risk and operational disruptions.

3. Positive Indicators:

• Positive Net Assets: Net assets of £32,653 indicate the company is solvent at this early stage.
• Strong Liquidity Position: Cash of £67,281 exceeds both current liabilities and director loans due after one year, suggesting adequate liquidity to cover short-term and some long-term obligations.
• Compliance and Governance: No overdue filings and clear director appointment demonstrate good regulatory compliance.

4. Due Diligence Notes:

• Review Director Loan Terms: Understand repayment schedule, interest terms, and any contingencies related to the director loan.
• Monitor Operational Performance: As trading history develops, analyze profitability, revenue trends, and cash flow stability.
• Assess Business Model and Market Position: Confirm the sustainability of hospital activities (SIC 86101) and any dependencies or contracts that support revenue generation.
• Verify Director Background: Given the director has sole control, confirm no adverse records or disqualifications.