There’s a unique thrill in uncovering the story that numbers tell, especially in the realm of business finance. Today, I found myself deeply immersed in such a narrative, one that unfolded within the ledgers and financial statements of a logistics company - a story of ambition, complexity, and the fine line between success and ethical business practices.

lure me in with 5% interest payment monthly ~60%apy

It all began with an acquaintance reaching out for financial assistance. As someone who thrives on understanding and solving financial puzzles, I was intrigued. The company, operating in the logistics sector, presented an appealing growth story, but the deeper I delved, the more the cracks began to show.

The Intriguing Start: A Discrepancy in Numbers

Initially, the company’s financials painted a picture of robust growth and potential. However, a closer look revealed discrepancies. Revenue figures were inconsistent, with a significant jump in the recent months that didn’t align with the company’s previous performance. The explanation provided - expansion into new sites - required further substantiation. This was my first red flag, signaling that things were not as straightforward as they seemed.

only send nov and dec, peak season for e-comm so parcel collection and revenue double than normal 80k

Unraveling the Costs: The Mystery of Expenditures

The complexity of the situation deepened as I examined the company’s expenditures. The costs were substantial, but the explanations for these expenses raised more questions than answers. Payments to part-timers, subcontractors, and the existence of significant personal capital injections blurred the lines between personal and business finances. Such entanglement is often a sign of underlying financial mismanagement, a scenario that needed careful unraveling.

too many personal withdrawals to himself. hidden with lump sum cash deposits and withdrawals. and multiple nicknames, real names, phone numbers to do the withdrawals and deposits

Directorship Dilemma: The Unexpected Revelation

As I continued my investigation, a startling revelation came to light - the person I was in communication with was not the company’s director. This was contrary to my initial understanding and raised serious concerns about the governance and decision-making structure within the company. The role and financial stability of the actual director became a critical piece of the puzzle.

after pieceing together his full name, and google search - commited fraud and ran away and came back to serve his time. no name on director very sus.

The Proposal of Partnership: A Path to Transparency

Despite the complexities and potential risks, the company’s core business showed promise. However, a simple loan under these circumstances was untenable. The need for transparency, proper financial management, and ethical business practices was clear. I proposed a different route - a partnership. This approach would not only provide the necessary financial infusion but also allow for a restructuring of the company’s business model, ensuring a sustainable and ethical path forward.

if we can buyover the contracts to the business would be good

The Journey Ahead: Building on Potential

This experience was a powerful reminder of the importance of due diligence in financial dealings. The logistics company’s story is a microcosm of the challenges many businesses face - balancing growth with financial stability and ethical practices. As I look forward to potentially partnering with the company, the focus will be on building a transparent, profitable, and ethically sound business model.

In the realm of finance and business, the numbers do indeed tell a story, but it’s up to us to listen carefully and interpret wisely. Today’s journey through the financial intricacies of this company has been a testament to the power of forensic accounting in bringing clarity to complexity, guiding business decisions not just for profit, but for sustainable and ethical success.