Company Number: 15128095

Analysis Date: 2025-07-20 12:35 UTC

1. Risk Rating: LOW

Justification: The company is newly incorporated (September 2023) and has filed timely accounts and confirmation statements with no overdue filings. Financial data as of September 2024 shows positive net assets (£5,028) with a modest asset base, typical for a micro-entity. There is a single director with no indication of governance or compliance issues. The company operates in the IT services sector (SIC 62090), which generally has low capital intensity and scalable operations.

2. Key Concerns:

• Negative net current assets reported as (£5,995) in the accounts appear inconsistent with the balance sheet totals, suggesting a possible typographical error or misclassification that warrants clarification.
• Very limited financial history and scale given the short operating period; the company’s sustainability and operational cash flow generation remain unproven.
• Minimal assets and resources with only one employee; the company may be highly dependent on the director’s involvement and initial capital, posing operational concentration risk.

3. Positive Indicators:

• Compliance with all filing deadlines, indicating sound regulatory adherence.
• Positive net assets and shareholders’ funds suggest that the company currently has a positive equity position.
• Operating in an IT service activity segment with relatively low fixed asset requirements, which may allow for flexible cost management and scalability.

4. Due Diligence Notes:

• Verify the apparent discrepancy in net current assets figure versus total net assets to confirm accuracy of financial statements.
• Obtain management accounts or cash flow forecasts to assess liquidity and operational viability beyond the first year.
• Review director background and experience to evaluate operational capability, given reliance on a single director.
• Confirm absence of any director disqualifications or regulatory issues beyond publicly available data.
• Understand business model and client pipeline to assess prospects for revenue growth and sustainability.