Company Number: 14810717

Analysis Date: 2025-07-29 14:05 UTC

1. Risk Rating: LOW

The company is newly incorporated (April 2023) and has filed compliant annual accounts and confirmation statements on time. Its balance sheet at the end of the first financial year shows positive net current assets and positive net assets, indicating an initial financially stable position. There is no indication of overdue filings or insolvency proceedings.

2. Key Concerns:

• Limited operating history: Being less than one year old, there is limited financial performance data to assess sustainability or operational stability.
• Modest asset base and working capital: The company’s net assets (£8,174) and net current assets (£7,821) are relatively small, which may limit its capacity to absorb financial shocks.
• Tax liabilities: Current liabilities include a significant taxation and social security figure (£9,765), which should be monitored to ensure timely payment and avoid regulatory issues.

3. Positive Indicators:

• Compliance: All statutory filings are up to date with no overdue accounts or confirmation statements.
• Positive working capital: Current assets exceed current liabilities by a comfortable margin, indicating short-term liquidity.
• Clear ownership and control: Two PSCs each hold 25-50% of shares and voting rights, providing transparency in governance.

4. Due Diligence Notes:

• Review the company’s turnover and profit and loss account when available to assess revenue generation and profitability.
• Monitor cash flow trends, especially given the current small cash balance relative to liabilities.
• Investigate the nature of other creditors (£8,416) and accrued liabilities to understand potential contingent liabilities.
• Confirm the business plan and funding sources to evaluate long-term viability given the small asset base.
• Assess director capacity and experience, noting the sole director’s background as an estate agent, to ensure operational competence in real estate agency activities.