Company Number: 13830167

Analysis Date: 2025-07-20 15:29 UTC

1. Risk Rating: LOW

Justification: Barton Accountancy Limited is a micro-entity with positive net assets that have increased modestly year-over-year. The company is current with all filings and has no indications of financial distress. The business has maintained a stable employee base and operates in a professional services sector with relatively low capital requirements.

2. Key Concerns:

• Marginal Net Current Assets: The company’s net current assets improved to £553 in 2023 from a negative £186 in 2022, indicating a thin short-term liquidity buffer that should be monitored.
• Limited Operating History: Incorporated in 2022, the company has a limited track record, which restricts the ability to assess long-term operational stability.
• Concentrated Control: Ownership and voting rights are highly concentrated with Shorthouse Holdings Limited and the two directors, presenting potential governance risks that should be reviewed.

3. Positive Indicators:

• Compliance: All accounts and confirmation statements are filed on time with no overdue reports, demonstrating good regulatory compliance.
• Improving Financial Position: Net assets increased from £1,066 in 2022 to £1,179 in 2023, indicating modest growth and financial stability.
• Low Operating Risk: The company operates in accounting and auditing services, which typically require low fixed assets and have predictable cash flows.

4. Due Diligence Notes:

• Review the detailed profit and loss accounts to understand revenue trends, profitability, and cash flow sufficiency.
• Assess the nature of current liabilities and payment terms to confirm liquidity risks are manageable.
• Examine governance arrangements due to ownership concentration and confirm no related party transaction risks.
• Investigate further the directors’ backgrounds and any potential conflicts of interest given their dual roles as owners and managers.