THE PERSONAL TAILOR LTD

Executive Summary

IREN TAILOR AND DESIGN LTD is a newly established micro-entity operating in specialised design and garment manufacturing. While compliant with statutory requirements and showing a modest profit, the company’s minimal financial base and lack of operational history pose moderate risk. Close attention to its growth strategy and funding plans will be essential for assessing future stability and investment potential.

IREN TAILOR AND DESIGN LTD - Analysis Report

Company Number: 15557041

Analysis Date: 2025-07-29 13:05 UTC

1. Risk Rating: MEDIUM
   Although IREN TAILOR AND DESIGN LTD is currently active and compliant with filing deadlines, the very limited financial scale and minimal net assets indicate moderate risk. The company’s micro entity status and low turnover suggest it is in an early development stage, which brings inherent uncertainty about its ability to sustain operations and meet liabilities as it grows.

2. Key Concerns:

• Limited Financial Resources: Net assets of only £4 and current assets of £3 highlight extremely low capitalization and limited liquidity to cover unforeseen expenses or growth needs.
• Minimal Trading History: Incorporated in March 2024 with a single financial year reported, there is insufficient track record to evaluate operational stability or profitability trends.
• Concentration of Control: Single director and 75-100% ownership by Mr. Ali Vafadar creates potential governance risk due to lack of independent oversight.

3. Positive Indicators:

• Compliance: All statutory filings (accounts and confirmation statement) are up to date and not overdue, evidencing good regulatory compliance and governance discipline.
• Profitability: Despite small scale, the company reported a nominal profit (£2) in the first period, indicating at least some operational viability.
• No Overdue Liabilities: The balance sheet shows no current liabilities and positive net current assets, which suggests no immediate solvency pressure.

4. Due Diligence Notes:

• Investigate the business plan and cash flow projections to understand how the company plans to scale operations beyond the micro level.
• Confirm the source of initial capital and any planned funding rounds to support growth and working capital needs.
• Review director background and any related party transactions given the single director/owner structure.
• Monitor subsequent filings for changes in financial position, especially liquidity and asset base.
• Clarify any off-balance sheet liabilities or commitments not disclosed in the accounts.