Company Number: 12670914

Analysis Date: 2025-07-20 17:17 UTC

1. Risk Rating: LOW
   ACE GREY CUSTOMS LTD demonstrates a stable financial position with positive net assets and net current assets for the latest reporting period. The company is timely with both accounts and confirmation statement filings, indicating good regulatory compliance. The micro-entity size and consistent equity suggest low immediate solvency or liquidity risk.

2. Key Concerns:

• Declining Net Assets: Net assets have decreased from £50,000 in 2020 to £32,894 in 2024, which may warrant investigation into profitability and retained earnings trends.
• Long-term Creditors: The company carries a notable level of creditors due after more than one year (£21,987 in 2024), which could indicate debt obligations that need servicing.
• Limited Operational Scale: With only one employee and micro-entity status, the business scale is small, which may impact operational stability and growth prospects.

3. Positive Indicators:

• Positive Working Capital: Net current assets remain positive (£12,092 in 2024), indicating the company can cover short-term liabilities.
• No Overdue Filings: Both accounts and confirmation statements are filed on time, reflecting sound governance and compliance.
• Consistent Director Tenure: The sole director has been in place since incorporation, suggesting stable management.

4. Due Diligence Notes:

• Review Profit and Loss Data: The provided data lacks explicit profit/loss figures; examining profitability and cash flow statements would clarify earnings sustainability.
• Analyze Debt Terms: Investigate the nature and terms of the long-term creditors to assess repayment capacity and impact on future cash flows.
• Consider Market and Industry Position: Given the SIC codes cover maintenance/repair of motor vehicles and flat glass manufacture, understanding market conditions and competitive positioning would inform operational risks.