Company Number: 15161113

Analysis Date: 2025-07-20 17:37 UTC

1. Risk Rating: MEDIUM
   The company shows some positive equity but current liabilities exceed current assets, leading to negative working capital. Being newly incorporated with limited financial history and net current liabilities suggests moderate risk.

2. Key Concerns:

• Negative net current assets (£-2,569) indicate potential liquidity strain to meet short-term obligations.
• The company is very new (incorporated Sep 2023), so limited operational track record and financial data are available to assess sustainability reliably.
• The absence of profit and loss account filing (permitted exemption) limits insight into profitability and cash flow generation.

3. Positive Indicators:

• Positive net assets and shareholder funds (£3,629) indicate some initial capital base.
• Compliance with filing deadlines and no overdue accounts or returns suggest good governance and regulatory compliance so far.
• Sole director and significant control held by one individual may enable streamlined decision-making.

4. Due Diligence Notes:

• Obtain detailed profit and loss, cash flow statements, and budgets to assess ongoing operational cash generation and profitability.
• Investigate the nature and timing of current liabilities to evaluate liquidity risk and supplier/customer terms.
• Review business plan and market potential in the take-away food sector to understand growth prospects and operational sustainability.
• Confirm director background and any potential related party transactions given sole control.