Company Number: 12662374

Analysis Date: 2025-07-20 17:09 UTC

1. Risk Rating: LOW
   The company demonstrates a solid equity base relative to its size with no current liabilities as of the latest accounts. There are no overdue filings, and the company remains active with stable directorship and ownership.

2. Key Concerns:

• Declining Net Assets: Shareholders' funds have decreased from £179,604 in 2021 to £67,169 in 2024, indicating an erosion of equity that warrants investigation.
• Decreasing Current Assets: Current assets have dropped significantly from over £225,000 in 2021 to approximately £69,000 in 2024, which may signal reduced liquidity or operational scale.
• Minimal Share Capital: With only £1 in share capital, the company’s capital structure is very thin, potentially limiting its financial flexibility.

3. Positive Indicators:

• No Current Liabilities: The absence of current liabilities as of 2024 suggests the company is not under pressure to meet short-term debts.
• Compliance: Timely filing of accounts and confirmation statements with no overdue returns indicates good regulatory compliance.
• Ownership and Management Stability: The sole significant controller (Mrs Janet Alison Dixon) with full voting rights and the presence of a single consistent director reflect clear governance.

4. Due Diligence Notes:

• Review Profit & Loss Data: The absence of a profit and loss account in the filings limits assessment of operational profitability and cash flows; obtaining management accounts or underlying P&L statements is recommended.
• Investigate Equity Decline: Determine reasons for the decline in shareholders’ funds and current assets over the past three years—whether due to losses, distributions, or asset disposals.
• Confirm Business Activity and Revenue Trends: Verify the company’s ongoing trading activities under SIC codes 85590 (other education) and 70221 (financial management) to assess operational sustainability.