Company Number: 14722845

Analysis Date: 2025-07-29 13:57 UTC

1. Risk Rating: HIGH
   The company exhibits a negative net asset position that has worsened over three reported years, indicating insolvency risk. Negative working capital and sustained losses raise concerns about its ability to meet short-term liabilities and continue operations without external support.

2. Key Concerns:

• Negative Net Assets and Shareholders' Funds: The company’s net assets have declined from -£1,520 in 2023 to -£2,287 in 2025, signaling accumulated losses and erosion of equity.
• Negative Net Current Assets (Working Capital Deficit): Current liabilities exceed current assets by £1,287 in 2025, indicating potential liquidity issues to cover short-term obligations.
• No Employees and Limited Operational Scale: The absence of employees suggests a very limited operational footprint which may question the sustainability and growth prospects of the business.

3. Positive Indicators:

• Timely Filing Compliance: The company’s accounts and confirmation statements are up to date with no overdue filings, indicating good regulatory compliance.
• Active Website and Contact Details: Presence of an active website and valid contact information shows an operational front and some level of business activity.
• Sole Control by Director/Shareholder: The single director and 75-100% shareholder, Mr. Ashaad Nusrally, allows for streamlined decision-making and potentially rapid responses to financial issues.

4. Due Diligence Notes:

• Financial Support and Funding Sources: Investigate whether the company has access to capital injections, loans, or shareholder funding to cover the negative equity and support liquidity needs.
• Revenue and Profitability Trends: Obtain detailed profit and loss information to understand the drivers of losses and assess the business model's viability.
• Operational Model and Client Base: Clarify how the company generates revenue given zero employees and check for reliance on subcontractors or outsourcing.
• Director’s Financial Standing and Creditworthiness: Given sole control and financial position, review background for any risk related to director’s personal financial health or related party transactions.