VISIONARY AI LIMITED

Executive Summary

VISIONARY AI LIMITED is a recently formed micro private company operating in software development, with a modest but positive balance sheet and no overdue filings. Its small scale and sole director ownership warrant monitoring, but current financial data indicate low immediate solvency or liquidity risk. Further due diligence into operational performance and funding plans is recommended to confirm sustainable viability.

VISIONARY AI LIMITED - Analysis Report

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.