Company Number: 15113698

Analysis Date: 2025-07-29 19:49 UTC

1. Risk Rating: LOW

Justification: VISIONARY AI LIMITED is a newly incorporated micro-entity with minimal liabilities and positive net current assets. The company has complied with all filing deadlines without overdue accounts or confirmation statements. Its balance sheet shows a modest but positive net asset position, indicating no immediate solvency concerns. The business operates in software development, a sector generally requiring low initial capital expenditure.

2. Key Concerns:

• Very limited financial scale: With current assets of £1,407 and net assets of £818, the company is at an early stage with limited operational history and financial depth, which can pose risks in sustaining operations without additional funding.
• Single director and sole shareholder: Control concentrated in one individual (Mr. Farasat Munir) could present governance risks, especially if no independent oversight or additional directors are involved.
• Lack of profit and loss disclosure: As a micro-entity, the company has not filed a profit and loss account, limiting insight into operational performance, cash flow generation, and profitability.

3. Positive Indicators:

• Timely and compliant filings: Accounts and confirmation statements are filed on time, reflecting adherence to regulatory requirements.
• Positive net current assets: The company shows net current assets of £818, suggesting it can meet short-term obligations.
• Clear ownership structure: The sole person with significant control is identified, reducing ambiguity regarding control and decision-making.

4. Due Diligence Notes:

• Review management accounts or internal financial statements to assess operational performance, revenue generation, and cash flow trends.
• Investigate plans for capital infusion or funding sources to support business growth beyond the minimal current asset base.
• Confirm the director’s background and experience in software development to evaluate operational capability.
• Monitor for future filings of profit and loss accounts for more comprehensive financial insight.
• Assess whether any additional directors or governance measures will be introduced to mitigate concentration risk.