Company Number: 13437252

Analysis Date: 2025-07-20 16:39 UTC

1. Risk Rating: LOW
   The company demonstrates stable net assets and positive working capital with no overdue filings. Cash balances are healthy relative to current liabilities, and there are no indications of insolvency or distress.

2. Key Concerns:

• Limited equity base with only £1 share capital, relying heavily on retained earnings.
• Low tangible fixed assets which could constrain operational scaling or collateral value.
• Relatively high current liabilities in proportion to total assets, although manageable at present.

3. Positive Indicators:

• Consistent positive net current assets over the last 4 years, indicating good short-term liquidity.
• Increasing net assets and retained earnings year on year, demonstrating profitability and financial stability.
• Timely filing of accounts and confirmation statements suggests good regulatory compliance.
• Low employee count (2) likely reflects a lean cost structure appropriate for its size and industry.
• Active website and clear contact information indicating operational transparency and accessibility.

4. Due Diligence Notes:

• Review detailed profit and loss data (not filed with accounts) to confirm profitability trends and margins.
• Assess the nature and aging of debtors and creditors to identify any collection or payment risks.
• Confirm if any contingent liabilities or off-balance sheet risks exist given the provision noted (£561).
• Evaluate director background and experience, including any undisclosed conduct issues.
• Understand business model and growth prospects given modest asset base and small team.
• Verify the classification as a Total Exemption Full filer and confirm no audit requirement could obscure financial risks.