Company Number: 15054434

Analysis Date: 2025-07-20 13:00 UTC

1. Risk Rating: LOW
   The company is newly incorporated (2023) and has filed timely accounts showing positive net assets and profits. The micro-entity status and clear equity indicate minimal solvency and liquidity risks at this stage.

2. Key Concerns:

• Limited operating history (just over one year), which restricts assessment of long-term operational stability.
• Relatively low turnover (£80,979) may indicate limited scale or market penetration.
• Concentrated control: two directors/shareholders each hold 25-50% ownership and voting rights, which could pose governance risks if disagreements arise.

3. Positive Indicators:

• Positive profit (£76,499) and net assets of the same amount indicate the business is currently solvent and generating surplus.
• Current assets exceed current liabilities by a wide margin (net current assets £76,399), suggesting good short-term liquidity.
• No overdue filings for accounts or confirmation statements, indicating regulatory compliance.
• Small employee base (2) consistent with micro-entity status and controlled cost structure.

4. Due Diligence Notes:

• Review details behind the reported profit and current assets to understand quality of earnings and asset composition (e.g., cash vs receivables).
• Investigate business model and customer base to gauge sustainability and growth prospects given modest turnover.
• Confirm no related party transactions or off-balance sheet liabilities that could impact financial position.
• Assess director backgrounds and potential conflicts given dual roles and concentrated ownership.
• Monitor future filings to track ongoing compliance and financial performance.