Company Number: 12644404

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

1. Risk Rating: LOW
   The company demonstrates solid net asset growth, a positive net current asset position, and timely filings with no overdue accounts or confirmation statements. The modest scale and stable equity position support a low solvency and liquidity risk profile.

2. Key Concerns:

• Reliance on a single controlling director who holds significant influence and control, which may present governance concentration risk.
• Limited historical financial data and absence of a delivered profit and loss account at Companies House restrict comprehensive financial analysis.
• The company is small scale with modest share capital (£1), which may limit financial flexibility in adverse conditions.

3. Positive Indicators:

• Consistent increase in net assets from £38,227 in 2023 to £65,381 in 2024, indicating retained profitability or capital injections.
• Strong liquidity position with current assets (£215,183) substantially exceeding current liabilities (£149,802) as at June 2024.
• Compliance with filing requirements and no overdue accounts or confirmation statements, reflecting good regulatory standing.
• Business operations span multiple related SIC codes indicating diversification within utility-related construction and agency services.

4. Due Diligence Notes:

• Obtain and review full profit and loss accounts and cash flow statements to assess operational profitability and cash generation trends.
• Investigate the extent of director control and related party transactions to assess governance and potential conflicts of interest.
• Clarify the nature and duration of contracts underpinning revenue recognition, especially given the service and construction-oriented activities.
• Confirm the absence of contingent liabilities or off-balance sheet commitments not disclosed in the filed accounts.