SOFIA CONSULTING LIMITED

Executive Summary

Sofia Consulting Limited shows significant financial distress with persistent negative net assets and working capital deficits, posing a high risk to solvency and liquidity. While regulatory filings are current and the company has an active web presence, the absence of employees and continued losses raise operational sustainability questions. Further due diligence on funding sources and business viability is recommended before considering investment.

SOFIA CONSULTING LIMITED - Analysis Report

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.