Company Number: 13886932

Analysis Date: 2025-07-20 14:18 UTC

1. Risk Rating: MEDIUM
   While the company has moved from negative to positive net assets within one year, indicating a turnaround, the absolute scale of net assets is modest (£2,421). The micro-entity size and zero employees suggest a small operation with limited resource buffers. The financials show some volatility and modest working capital.

2. Key Concerns:

• Volatility in Net Current Assets: The company reported negative net current assets in 2023 (-£3,354) but positive in 2024 (£2,613), indicating potential liquidity instability in the recent past.
• Zero Employees and Small Scale: With no employees and a micro-entity profile, operational sustainability and growth capacity appear limited, which may impact long-term viability.
• Director and Secretary Roles Concentrated: Fahim Salam holds multiple roles (director and secretary), which could pose governance risks if not balanced by independent oversight.

3. Positive Indicators:

• Improved Financial Position: The latest accounts show a positive net asset position and working capital, suggesting the company has addressed prior liquidity concerns.
• Compliance with Filings: No overdue accounts or confirmation statements; filings are up-to-date, indicating good regulatory compliance.
• Active Website and Contact Information: Presence of an active website and phone numbers supports operational transparency and suggests ongoing business activity.

4. Due Diligence Notes:

• Investigate the nature and sustainability of the company’s revenue streams, given the micro size and zero staff.
• Review cash flow statements (not provided) to assess ongoing liquidity and operating cash generation.
• Confirm the roles and responsibilities of directors and secretary to evaluate governance adequacy.
• Understand if the company relies on outsourcing or contractors given no employees.
• Assess the impact of accruals and deferred income (£1,382) on financial performance and cash flow.