Company Number: 12633092

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

1. Risk Rating: LOW
   The company shows a positive trend in net assets and working capital over recent years, with no overdue filings or liquidation status. Although the share capital is minimal (£1), the equity and liquidity position appear stable for a small enterprise.

2. Key Concerns:

• Small Scale and Limited Capital: The share capital is only £1, indicating minimal initial equity investment, which may limit financial flexibility.
• Low Fixed Assets Base: Fixed assets have declined from £4,350 in 2020 to £1,650 in 2024, possibly indicating asset disposals or limited investment in operational capacity.
• Single Director and Shareholder Concentration: The sole director and 75-100% shareholder is Jason Paul Creevey, concentrating control and potentially increasing governance risk if succession or operational continuity is disrupted.

3. Positive Indicators:

• Improved Net Current Assets: Net current assets improved from negative in 2020/2021 to £2,812 in 2024, indicating better short-term liquidity.
• Consistent Compliance: No overdue accounts or confirmation statements, demonstrating good regulatory compliance.
• Positive Net Assets Growth: Net assets increased steadily from £1,745 in 2020 to £4,462 in 2024, showing retained earnings accumulation and financial stability.
• Cash Position: Cash amounts remain relatively stable around £14,000, supporting operational liquidity.

4. Due Diligence Notes:

• Review the nature and condition of tangible fixed assets given the declining book value and its impact on operational capacity.
• Assess the company’s revenue streams and profitability since the profit and loss account is not filed publicly; understanding cash flow generation is key.
• Consider potential risks related to single-person control including succession planning and governance structure robustness.
• Confirm no contingent liabilities or off-balance sheet exposures exist that could affect solvency.