Company Number: 13622361

Analysis Date: 2025-07-20 13:41 UTC

1. Risk Rating: LOW
   The company shows a solid net asset position with increasing net assets and net current assets year over year. There are no overdue filings, and it remains active without liquidation or administration. The balance sheet indicates adequate solvency and liquidity.

2. Key Concerns:

• Director Loan: The company has a director loan increasing to £10,620, which should be monitored for repayment terms and impact on cash flow.
• Concentration of Control: One individual holds 75-100% ownership, which may pose governance or succession risk though common in private companies.
• Goodwill Intangibles: Significant goodwill (£40,212) amortised over 5 years may overstate asset quality if underlying acquisitions do not perform as expected.

3. Positive Indicators:

• Strong working capital with net current assets of £60,970 and cash reserves of £70,765 at the latest year-end.
• Consistent growth in net assets from £44,611 in 2021 to £111,177 in 2024, indicating retained profitability or capital injections.
• Compliance is up to date with no overdue accounts or confirmation statements.
• Small size with limited liabilities relative to assets reduces complexity and risk exposure.

4. Due Diligence Notes:

• Review director loan agreement and repayment schedule to assess liquidity impact.
• Evaluate the nature and performance of goodwill acquisitions to verify recoverability and risk of impairment.
• Confirm ongoing operational cash flows and revenue trends, as turnover figures are not disclosed here.
• Investigate any contingent liabilities or off-balance sheet risks not captured in these filings.
• Assess governance and management succession plans given sole majority shareholder.