Company Number: 15075358

Analysis Date: 2025-07-20 15:11 UTC

1. Risk Rating: MEDIUM
   Justification: The company is newly incorporated with a micro-entity profile and modest net current assets. While it shows positive net working capital and no overdue filings, the reliance on director advances and limited operational history introduce some risk.

2. Key Concerns:

• Director Loans: The director has advanced £58,682 to the company which remains outstanding. This indicates reliance on internal funding rather than external or operational cash flow.
• Limited Operational History: Incorporated in August 2023, the company has less than two years of trading history, limiting the ability to assess long-term sustainability.
• Single Director and Shareholder: Mrs. Tinu Adeleke holds full control and is the sole director, which concentrates governance risk and operational dependency on one individual.

3. Positive Indicators:

• Positive Net Current Assets: £24,040 net current assets suggest the company can currently meet short-term liabilities.
• Compliance: All statutory filings (accounts and confirmation statement) are up to date with no overdue reports, indicating sound regulatory compliance so far.
• Clear Ownership Structure: The 75-100% ownership and voting control are clearly documented, reducing ambiguity in control.

4. Due Diligence Notes:

• Investigate the nature of the director’s advances: Are these loans repayable, or equity in disguise? Understand terms, interest, and repayment capacity.
• Review cash flow forecasts and contracts to assess sustainability beyond the initial period.
• Verify if there are further undisclosed liabilities or contingent risks not reflected in the micro-entity accounts.
• Assess the business model and client base given the SIC code "Other professional, scientific and technical activities not elsewhere classified," for clarity on revenue generation.