Company Number: 12939343

Analysis Date: 2025-07-29 15:17 UTC

1. Risk Rating: MEDIUM
   The company shows a small positive net asset position but has current liabilities exceeding current assets in the latest filings, indicating potential liquidity strain. Its micro-entity status and low asset base suggest limited financial buffer.

2. Key Concerns:

• Current liabilities (£3,479) exceed fixed assets (£948) and are close to current assets (£2,864), indicating tight working capital and possible cash flow constraints.
• Net assets decreased from £476 in 2024 to £333 in 2025, showing erosion of equity.
• Reliance on a single employee and no shareholders (limited by guarantee) may limit operational scalability and financial support options.

3. Positive Indicators:

• The company remains active with no overdue filings, indicating compliance discipline.
• Net current assets are positive (£2,864), showing some short-term asset coverage despite liabilities.
• The company operates in event catering (SIC 56210), a service sector that can be cash generative if managed prudently.

4. Due Diligence Notes:

• Verify the nature and terms of current liabilities to assess repayment risk and any overdue payments.
• Review cash flow statements and profit and loss data to evaluate operational cash generation and expenses.
• Confirm any contingent liabilities or guarantees given by the directors or members.
• Assess the business model sustainability given the single employee and limited capital structure.