Company Number: 13515089

Analysis Date: 2025-07-20 16:29 UTC

1. Risk Rating: LOW
   The company demonstrates a solid net current asset position and no overdue filings, indicating good short-term solvency and compliance. The micro-entity scale limits financial complexity but the available data shows positive working capital and positive net assets.

2. Key Concerns:

• Declining Net Assets: Net assets have decreased from £9,156 in 2023 to £7,531 in 2024, suggesting some erosion of equity that warrants monitoring.
• Provisions for Liabilities: The provisions have increased substantially from £3,121 to £5,977, which may indicate potential future obligations that could impact liquidity or solvency.
• Minimal Employee Base: With only one employee reported, operational capacity and business sustainability may be limited, raising questions about scalability and operational risk.

3. Positive Indicators:

• Strong Net Current Assets: The company maintains net current assets above £11k, reflecting adequate liquidity to meet short-term obligations.
• Timely Compliance: No overdue accounts or confirmation statements, indicating good governance and regulatory adherence.
• Ownership and Management Stability: The main director, Nicholas Jones, has consistent control and engagement, supported by a co-director, which may provide stable governance.

4. Due Diligence Notes:

• Investigate the nature and reason for increased provisions for liabilities to assess potential future cash outflows or contingent risks.
• Review detailed profit and loss information to understand drivers behind the decline in net assets and overall profitability.
• Assess business model viability given the single employee and micro-entity scale, including client base, contracts, and growth prospects.
• Confirm no director disqualifications or adverse regulatory history for key personnel, although current data shows none.