DISH

Amala Foods PLC

Food, Beverage and Tobacco First-pass screen £0.38m

170/1000 Overall fit

AI beneficiary 35% 30

Operating leverage 25% 0

Valuation 25% 20

Downside protection 15% 10

First-pass take

Cash shell with no operations, revenue, or AI exposure. Failed Terra Rara mining acquisition; shortlist includes healthcare/natural resources/technology but no AI specifics. Negative equity (£896k net liabilities), going concern material uncertainty, £1.2m debt vs £318k cash.

Flags

cash-shellno-operationsloss-makinggoing-concernnet-liabilitiesno-revenuehigh-leveragem-and-a