Company Number: 13840871

Analysis Date: 2025-07-20 11:13 UTC

1. Risk Rating: LOW
   Justification: The company is solvent with positive net current assets and net assets increasing significantly in the latest year. There are no overdue filings or signs of financial distress. It is in an early but stable stage of operations with a single director/shareholder.

2. Key Concerns:

• Limited scale and size: As a micro-entity with only one employee and modest asset base, the company’s operational resilience and growth capacity are constrained.
• Concentrated control: Mr. Caine Powell holds 75-100% ownership and voting rights, implying decision-making and financial risk are concentrated in one individual.
• Lack of audited accounts and detailed financial disclosures limits transparency for deeper financial analysis and risk assessment.

3. Positive Indicators:

• Strong improvement in net current assets from £183 in 2023 to £11,391 in 2024, indicating better liquidity and working capital management.
• No overdue accounts or confirmation statements; compliance with Companies House filing requirements is up to date.
• Consistent director presence and no indication of regulatory or governance issues.

4. Due Diligence Notes:

• Review underlying causes of significant increase in net current assets to confirm sustainable improvement in liquidity.
• Obtain management accounts or cash flow statements to assess ongoing operational cash flow health.
• Verify absence of contingent liabilities or off-balance sheet obligations given limited public disclosures.
• Evaluate the business model and market position within electrical household appliances retail to assess sustainability and growth potential.