Company Number: 13909721

Analysis Date: 2025-07-20 17:28 UTC

1. Risk Rating: HIGH
   The company shows minimal financial substance with net assets of only £100, negligible current assets (£220), and very limited liabilities (£120). It has no employees and very limited operating history since incorporation in 2022. This indicates high solvency and liquidity risk given the minimal capital base and absence of operational scale.

2. Key Concerns:

• Extremely low net assets and working capital: With only £100 in net assets and net current assets of £100, the company’s ability to meet unforeseen obligations or sustain operations is highly constrained.
• No revenue or operational data disclosed: The accounts provide no indication of income, profitability, or business activities beyond holding minimal assets. This raises concerns about business viability and sustainability.
• Single director and sole controller: Mr. Hiren Ashokkumar Parmar controls 75-100% shares and voting rights, concentrating control risk and limiting oversight.

3. Positive Indicators:

• No overdue filings: Both accounts and confirmation statements are up to date with no penalties or compliance issues noted.
• No indication of insolvency proceedings: The company is active and not in liquidation, administration, or receivership.
• Micro-entity filing exemption used appropriately: Indicates a very small scale company compliant with relevant reporting standards.

4. Due Diligence Notes:

• Investigate the nature and value of the company's assets and any underlying business operations supporting these balance figures.
• Clarify the source of financing and plans to grow the capital base or scale business activities.
• Review director background and any related party transactions given sole control and minimal disclosures.