Company Number: 14722201

Analysis Date: 2025-07-20 15:49 UTC

1. Risk Rating: LOW
   Audioplace Limited is a newly incorporated micro-entity with modest net current assets and no overdue filings. The financials indicate positive working capital and no signs of liquidity stress. The company is active with compliant filing status and no red flags in governance or director conduct.

2. Key Concerns:

• Limited operating history: Incorporated less than 1.5 years ago, so financial and operational track record is minimal.
• Very small scale: Current assets and net assets are minimal (£3,244 and £732 respectively), indicating very limited financial resources and scale of operations.
• Single director and sole shareholder: Concentration of control may increase governance risk, though no current issues are evident.

3. Positive Indicators:

• Up to date filings: Both accounts and confirmation statement are filed on time, showing regulatory compliance.
• Positive net working capital: Current assets exceed current liabilities by £732, indicating ability to meet short-term obligations.
• No audit exemption utilized appropriately: Accounts prepared under micro-entity regime consistent with company size, with director acknowledging statutory responsibilities.

4. Due Diligence Notes:

• Verify nature and stability of revenue streams given limited financial data and short operating period.
• Obtain cash flow details to confirm operational liquidity beyond balance sheet snapshot.
• Review director’s background and business plan given sole control and limited company history.
• Monitor future filings for any changes in financial or governance status.