Company Number: 13526908

Analysis Date: 2025-07-20 16:00 UTC

1. Risk Rating: MEDIUM
   While Lektron NPC Limited shows positive net current assets (£97,664) and shareholder funds matching this figure, the company is relatively young (incorporated 2021) with limited historical financial data. The absence of employees and reliance on trade debtors (£320,337) and significant current liabilities (£277,678) indicate potential liquidity sensitivity. No overdue filings or liquidation status reduce immediate regulatory concerns.

2. Key Concerns:

• High reliance on trade debtors for current assets (approximately 85%) may indicate cash flow timing issues or collection risk.
• Elevated current liabilities (£277,678) relative to cash on hand (£24,454) could pressure short-term liquidity if debtors are delayed.
• No employees reported and incomplete income statement disclosure limit insight into operational sustainability and profitability.

3. Positive Indicators:

• The company is current with statutory filings (accounts and confirmation statement), reflecting regulatory compliance.
• Positive net current assets and shareholder funds suggest solvency at the balance sheet date.
• Directors and persons of significant control are stable and have no disclosed adverse conduct, supporting governance integrity.

4. Due Diligence Notes:

• Verify the quality and aging profile of trade debtors to assess collectability and cash flow risk.
• Obtain or review a full income statement or management accounts to evaluate profitability and operational cash generation.
• Investigate the nature and timing of current liabilities to understand short-term funding requirements and creditor relationships.