Company Number: 13390125

Analysis Date: 2025-07-19 12:21 UTC

1. Risk Rating: LOW
   The company shows stable net assets and positive working capital across recent years, no overdue filings, and no indication of insolvency or liquidation. The micro-entity status limits complexity and reporting burden, and there are no red flags in director conduct or regulatory compliance.

2. Key Concerns:

• The company has minimal share capital (£10), which is typical for micro companies but could limit capital buffer in times of stress.
• Current liabilities falling due after more than one year are relatively high (£2,764 in 2024) compared to total net assets, which could pressure liquidity if not managed.
• Resignation of one director in 2024 might warrant review of governance continuity, although no adverse impact is evident from data provided.

3. Positive Indicators:

• Positive net current assets exceeding £5,000 consistently indicate good short-term liquidity.
• Increasing net assets year-over-year from £1,573 (2021) to £3,555 (2024) show gradual capital growth.
• Timely filing of accounts and confirmation statements with no overdue returns suggests good regulatory compliance.
• Presence of a named company secretary and two directors with defined roles supports sound governance structure.
• The company operates in publishing, a sector with stable demand, and has diversified SIC codes (book publishing and other publishing activities).

4. Due Diligence Notes:

• Review detail of creditors due after one year to understand nature and terms of longer-term liabilities.
• Assess cash flow statements or management accounts if available to verify operational cash generation and liquidity beyond balance sheet snapshots.
• Confirm reason and impact of director resignation in March 2024 on business operations and strategic direction.
• Verify if the company’s micro-entity reporting fully captures all financial risks or if there are off-balance sheet exposures not disclosed.
• Explore any underlying contracts or relationships with major shareholders who also act as directors to assess potential related party transactions or governance risks.