Company Number: 13255888

Analysis Date: 2025-07-29 14:56 UTC

1. Risk Rating: MEDIUM
   The company shows continued positive net assets but at a very low absolute level (£94 in 2024). While current liabilities are covered by current assets, the sharp decrease in current assets from £12,012 in 2023 to £3,525 in 2024 and minimal shareholders’ funds pose concerns about financial resilience.

2. Key Concerns:

• Liquidity Decline: Current assets have fallen significantly in the latest year, reducing the buffer against short-term liabilities and potentially indicating cash flow stress.
• Minimal Equity Capital: Share capital and shareholders’ funds remain extremely low, limiting the company’s ability to absorb losses or invest in growth.
• No Employees & Limited Operational Data: The company reports zero employees, which may indicate minimal operational activity or reliance on contractors, raising questions about sustainability and business scale.

3. Positive Indicators:

• Current Liabilities Covered: Net current assets remain positive (£2,791 in 2024), suggesting the company can meet immediate obligations.
• No Overdue Filings: Both accounts and confirmation statements are up to date, indicating compliance with statutory requirements and governance.
• Clear Ownership: Control is concentrated with Mr Rupert Davison (75-100%), which can provide stable decision-making and accountability.

4. Due Diligence Notes:

• Investigate the nature and cause of the large drop in current assets between 2023 and 2024, specifically cash or receivables trends.
• Review the company’s revenue streams and client base to assess operational sustainability given no reported employees and minimal reported assets.
• Confirm the company’s business model and plans to increase working capital or equity to strengthen financial stability.