Company Number: 14439519

Analysis Date: 2025-07-19 11:53 UTC

1. Risk Rating: HIGH
   The company exhibits a high risk profile primarily due to negative net current assets and shareholders’ funds, indicating insolvency on a balance sheet basis at the last reporting date.

2. Key Concerns:

• Negative Net Current Assets (-£1,550): Current liabilities exceed current assets, suggesting potential liquidity problems and short-term funding issues.
• Negative Net Assets and Shareholders’ Funds (-£1,550): The company’s total liabilities exceed its assets, indicating it is technically insolvent at the reported date.
• Very Limited Cash Balance (£776): Cash on hand is minimal relative to liabilities, raising concerns about the company’s ability to meet immediate obligations without additional funding.

3. Positive Indicators:

• No Overdue Filings: Both accounts and confirmation statements have been filed on time, demonstrating compliance with statutory requirements.
• Active Status and Recent Incorporation: The company is active and relatively newly incorporated (October 2022), which may suggest early-stage development with potential for growth.
• Single Director and 100% Ownership: Clear control structure under Mrs. Sara Ellahi, facilitating decision-making and potentially easier access to shareholder funding if needed.

4. Due Diligence Notes:

• Review Profit and Loss Information: The abridged accounts omit the income statement; investigating the company’s revenue, expenses, and profitability is critical to assess operational sustainability.
• Cash Flow Analysis: Determine the company’s cash inflows and outflows, including any shareholder loans or external financing arrangements supporting liquidity.
• Examine Plans for Addressing Insolvency: Assess management’s strategy to restore positive net assets and working capital, including capital injections or cost controls.
• Director Background and Related Party Transactions: Verify the director’s financial capacity to support the company and check for any related party transactions that may impact financial stability.
• Impact of Name Change: Understand the rationale behind the recent name change from SEI Interiors Ltd to Studio Ellahi Ltd, which may indicate restructuring or rebranding efforts.