Company Number: 13547713

Analysis Date: 2025-07-29 19:00 UTC

1. Risk Rating: LOW
   The company exhibits positive net assets and net current assets as of the latest financial year, with no overdue filings or liquidation status. The balance sheet reflects a modest but improving financial position typical of a micro-entity in early years of operation.

2. Key Concerns:

• Limited historical financial data due to recent incorporation (2021) restricts trend analysis and long-term sustainability assessment.
• Ownership and control appear concentrated among a single individual at a time, with recent transitions in directors and PSCs, which could pose governance risks if not well managed.
• The company operates under micro-entity reporting exemptions, limiting disclosure detail; absence of profit and loss account reduces visibility into profitability and cash flow dynamics.

3. Positive Indicators:

• Net current assets improved markedly from negative in 2022 to positive £1,989 in 2024, indicating better short-term liquidity.
• Net assets increased significantly from £180 in 2023 to £4,121 in 2024, supporting solvency.
• No overdue statutory filings or audit requirements, suggesting compliance with Companies House obligations.
• Employee numbers increased slightly, suggesting operational activity growth.
• The company has maintained an active status with no signs of distress such as administration or liquidation.

4. Due Diligence Notes:

• Request full profit and loss accounts to understand revenue streams, profit margins, and cash flow generation.
• Clarify nature of fixed assets and whether any are intangible or operationally critical.
• Investigate impact of director changes and PSC transitions on governance and strategic direction.
• Confirm that the company’s business model under SIC 96090 is sustainable and has market demand.
• Review any related party transactions given the small shareholder base and director overlap.
• Monitor upcoming filing deadlines to ensure ongoing compliance.