Company Number: 13106051

Analysis Date: 2025-07-20 11:44 UTC

1. Risk Rating: LOW
   The company demonstrates a stable financial position with positive net assets and no current liabilities. It has timely filed returns and accounts with no overdue filings. The micro-entity status and relatively low asset base reflect a small-scale operation, but there are no immediate solvency or liquidity concerns.

2. Key Concerns:

• Declining Fixed Assets: Fixed assets decreased from £831 in 2023 to £487 in 2024, which may suggest asset disposals or depreciation outpacing additions.
• Minimal Current Assets: Current assets are low at £100, indicating limited liquid resources, though current liabilities are zero.
• Small Scale Operations: Turnover is low (£20,830 reported in 2021), and employee numbers are minimal (2 employees in 2024), which may impact operational scalability and resilience.

3. Positive Indicators:

• Positive Net Assets: The company’s net assets remain positive (£588 in 2024), with no short-term or long-term liabilities, indicating good solvency.
• Compliance: All filings are up to date with no overdue accounts or confirmation statements, reflecting good regulatory compliance.
• Director Stability: Single director appointed since incorporation with no adverse records or disqualifications noted.

4. Due Diligence Notes:

• Investigate the cause of the reduction in fixed assets to understand if this is part of normal depreciation, asset sales, or potential impairment.
• Review cash flow statements or bank records if available to confirm liquidity beyond the balance sheet snapshot.
• Assess business model viability given low turnover and employee count for sustainability and growth prospects.
• Confirm no contingent liabilities or off-balance-sheet obligations that might affect financial health.