Company Number: 12988513

Analysis Date: 2025-07-29 19:24 UTC

1. Risk Rating: LOW-MEDIUM
   The company shows a positive net current asset position in the latest year, indicating short-term solvency. However, the scale of operations is very small (micro-entity), and the overall net assets remain modest. No overdue filings or liquidation status mitigates regulatory risk.

2. Key Concerns:

• Limited financial scale: Net assets of £1,317 and share capital of £2.00 indicate minimal financial buffer against adverse events.
• Small working capital base: Although improved from prior years, current assets are low, which may constrain liquidity and operational flexibility.
• Reliance on two directors/shareholders controlling all voting rights may pose governance concentration risk.

3. Positive Indicators:

• Recent improvement in net current assets from £-84 (2022) to £1,317 (2023) shows a turnaround in liquidity position.
• Timely filing of accounts and confirmation statements with no overdue indicators supports compliance and regulatory diligence.
• Stable management team since incorporation with no reported disqualifications or governance issues.

4. Due Diligence Notes:

• Verify the nature and sustainability of current assets (e.g., cash vs. receivables or stock) to assess true liquidity.
• Review profit and loss performance and cash flow trends to better understand operational stability beyond balance sheet snapshots.
• Investigate any contingent liabilities or off-balance sheet obligations not reflected in micro-entity accounts.
• Consider the business plan and market positioning given the micro scale and limited net asset base.