Company Number: 13658939

Analysis Date: 2025-07-20 18:56 UTC

1. Risk Rating: LOW
   The company demonstrates a strong net asset position relative to its liabilities and maintains healthy working capital. It is current with all filing requirements and shows consistent growth in net assets over recent years, indicating stable financial footing.

2. Key Concerns:

• Limited Financial Disclosure: As a micro-entity, the company files abridged accounts without profit and loss details, restricting assessment of profitability and cash flow trends.
• Single Employee Operation: With only one employee reported, operational scalability and risk of disruption could be concerns if key personnel are unavailable.
• Concentration of Control: The two directors are also the significant controllers, which may pose governance risks without broader oversight or independent management.

3. Positive Indicators:

• Strong Liquidity Position: Net current assets increased to £292,599 as of October 2024, well above current liabilities, suggesting the company can meet short-term obligations comfortably.
• Solid Net Asset Growth: Net assets grew from £54,056 in 2021 to £339,242 in 2024, indicating capital injection or retained earnings accumulation supporting solvency.
• Up-to-date Compliance: All statutory filings, including accounts and confirmation statements, are current with no overdue notices, reflecting good governance and regulatory compliance.

4. Due Diligence Notes:

• Obtain detailed profit and loss information or management accounts to evaluate operational profitability and cash flow dynamics.
• Review contracts and succession or contingency plans given the minimal workforce size.
• Investigate related party transactions or financial support between the controlling directors and the company to assess financial independence.
• Confirm absence of any director disqualifications or regulatory actions beyond public records for comprehensive governance review.