Company Number: 14375286

Analysis Date: 2025-07-29 20:16 UTC

1. Risk Rating: LOW
   By Brew Ltd demonstrates a stable financial position for a micro-entity with positive net current assets and net assets growth year-on-year. There are no overdue filings or compliance issues evident, and the company is active with directors in place. The simplicity of the business and modest scale reduce complexity-related risks.

2. Key Concerns:

• Limited scale and asset base: The company operates on a very small scale (micro-entity) with total net assets of £3,098 at the latest year-end, which may limit resilience to adverse events.
• Modest liquidity buffer: While current assets exceed current liabilities, the absolute cash and receivables are low (£8,335), which may constrain working capital flexibility in cash flow stress.
• Business maturity: Incorporated in late 2022, the company has a short operating history, meaning limited financial track record to assess sustainability or growth trajectory.

3. Positive Indicators:

• Positive net current assets: The company has more current assets than liabilities, indicating an ability to meet short-term obligations.
• Timely filings: No overdue accounts or confirmation statements, reflecting good regulatory compliance.
• Stable ownership and management: Directors and PSCs are the same two individuals, both actively involved and resident locally, suggesting stable governance.

4. Due Diligence Notes:

• Review detailed profit and loss accounts and cash flow statements if available to assess operational profitability and cash generation.
• Confirm the nature of current assets (cash vs receivables vs inventory) to better understand liquidity quality.
• Investigate customer and supplier concentration to assess operational risks inherent in a small advertising agency.
• Assess any contingent liabilities or off-balance sheet exposures not reflected in the micro-entity accounts.
• Understand business plan and growth prospects given the short trading history.