Company Number: 13943757

Analysis Date: 2025-07-29 16:30 UTC

1. Risk Rating: LOW

The company demonstrates a positive net asset position and working capital in its most recent financial year, with timely filings and no overdue accounts or confirmation statements. The sole director and majority shareholder is clearly identified, and the company is active with no signs of liquidation or insolvency proceedings.

2. Key Concerns:

• The company only employs the director (no other employees), which may indicate limited operational capacity and potential reliance on a single individual.
• Absence of a profit and loss account in the filed accounts limits visibility into profitability, revenue trends, and cash flow generation.
• Being a micro-entity with minimal reporting requirements means financial data is limited, restricting comprehensive risk assessment.

3. Positive Indicators:

• Significant improvement in net current assets from a slight liability (£-231) in 2023 to a positive £30,454 in 2024.
• Shareholders’ funds turned positive in 2024 (£30,454) from a negative position in previous years, suggesting recapitalization or retained earnings.
• No overdue statutory filings, indicating good regulatory compliance and governance.
• The company has been operational for over two years, which suggests some degree of business sustainability at this stage.

4. Due Diligence Notes:

• Obtain and review detailed profit and loss accounts or management accounts to assess revenue, profitability, and cash flow trends.
• Investigate the nature and source of the increase in current assets—whether it is cash, receivables, or other assets—and their collectability.
• Confirm any related party transactions or loans from the sole director or shareholders given the small size and ownership concentration.
• Assess the company’s client base, contracts, and pipeline to evaluate operational sustainability beyond the director’s involvement.
• Review any contingent liabilities or off-balance sheet commitments not disclosed in the micro-entity accounts.