Company Number: 13110003

Analysis Date: 2025-07-20 12:11 UTC

1. Risk Rating: LOW
   The company demonstrates strong liquidity and solvency metrics with significantly positive net current assets and shareholders’ funds. No overdue filings or regulatory issues are evident, supporting a low-risk profile.

2. Key Concerns:

• Corporation tax creditor remains high (£91,652 as of 2025), which could impact cash flow if unpaid.
• Trade debtors have decreased substantially from the prior year (£99,820 in 2025 vs £197,101 in 2024), indicating possible volatility in revenue recognition or customer payment patterns.
• The company is a single-director entity with full control, which may present governance risks for investors seeking broader oversight.

3. Positive Indicators:

• Robust cash position (£637,947 in 2025), providing ample liquidity to meet short-term obligations (£116,350 current liabilities).
• Strong growth in net current assets from £25,460 in 2022 to £621,417 in 2025, reflecting operational scaling and improved working capital management.
• No overdue accounts or confirmation statements filed, indicating compliance discipline.
• Consistent application of accounting standards (FRS 102) and clear disclosure of financial policies.

4. Due Diligence Notes:

• Investigate the nature and collectability of trade debtors given the significant reduction year-on-year.
• Confirm tax payment plans or contingencies related to the sizeable corporation tax creditor balance.
• Assess the sustainability of revenue streams and customer concentration risks given the company’s young age and single-director structure.
• Review director loans and related party transactions for any potential conflicts or repayment risks.