THE SAFARI BAR LTD

Executive Summary

The Safari Bar Ltd shows significant solvency and liquidity risks, with negative shareholders’ funds and a large working capital deficit. While statutory filings are current and governance appears stable, the lack of profitability data and operational scale raises concerns about business sustainability. Further financial details and operational insights are required to evaluate the company’s viability fully.

THE SAFARI BAR LTD - Analysis Report

Company Number: 13129269

Analysis Date: 2025-07-20 12:06 UTC

1. Risk Rating: HIGH
   The company exhibits significant solvency concerns with negative net assets worsening over three years, and current liabilities substantially exceeding current assets, indicating a poor liquidity position.

2. Key Concerns:

• Solvency and Net Liability Position: Shareholders' funds are negative at £21,096 in 2024, deteriorating from £8,660 negative in 2023, suggesting accumulated losses and potential insolvency risk.
• Working Capital Deficit: Current liabilities (£37,244) exceed current assets (£11,148) by over £26,000, a substantial net current liability indicating potential cash flow and short-term payment difficulties.
• Lack of Profit & Loss Disclosure and No Employees: Absence of profit and loss information limits insight into operational performance, and no employees reported may indicate limited business activity or operational scale, raising questions about sustainability.

3. Positive Indicators:

• Timely Filing Compliance: Accounts and confirmation statements are up to date, with no overdue filings or penalties noted, showing regulatory compliance and good governance in statutory duties.
• Stable Director and Ownership: Single director and 100% shareholder control by Miss Cassandra Sylvia Thomas provides clear accountability and decision-making centralization.
• Micro-Entity Status: The company benefits from simplified reporting requirements, consistent with its small scale of operations.

4. Due Diligence Notes:

• Obtain detailed profit and loss statements or management accounts to assess revenue, gross margins, and operational cash flows.
• Clarify reasons for the increasing net current liability and negative equity, including analysis of creditor terms and any outstanding debts or contingent liabilities.
• Investigate the company's trading status and business activity level given no employees and limited fixed assets—determine if it is a going concern or dormant in substance.
• Review director's plans or capital injection arrangements to address solvency issues.
• Confirm any related party transactions or director loans not disclosed in micro-entity accounts.