Company Number: 14684256

Analysis Date: 2025-07-29 14:55 UTC

1. Risk Rating: LOW
   The company is newly incorporated (less than two years old) with no overdue filings, positive net current assets, and shareholder funds exceeding net liabilities. The financial position appears solvent with no immediate red flags.

2. Key Concerns:

• Limited Financial History & Scale: As a company incorporated in 2023 and categorized as small with abridged accounts, there is limited financial track record to assess operational stability and profitability trends.
• Long-term Liabilities: Creditors falling due after more than one year amount to £14,164 which is a material figure relative to net assets (£18,549). The nature and terms of these liabilities should be clarified to assess solvency risks.
• Single Director and Shareholder Concentration: Mr Ian Powis holds 25-50% shares and is the sole director. This concentration could present governance risks or succession concerns.

3. Positive Indicators:

• Adequate Liquidity Position: Cash at bank and in hand of £21,362 exceeds current liabilities of £4,482, indicating good short-term liquidity.
• No Overdue Filings or Compliance Issues: The company has filed accounts and confirmation statements on time, demonstrating regulatory compliance and good governance practices so far.
• Positive Net Assets & Shareholders’ Funds: Net assets of £18,549 and shareholders’ funds of the same amount reflect a positive equity base for a young company.

4. Due Diligence Notes:

• Investigate the exact nature, maturity, and covenants of the long-term creditors to understand any solvency or refinancing risks.
• Review turnover, profitability, and cash flow generation in future filings to assess operational sustainability.
• Confirm whether additional directors or shareholders exist beyond those notified and assess governance structures.
• Monitor the company’s business development in the funeral and related activities sector (SIC 96030) for market risks or dependency on key customers.