Company Number: 14457109

Analysis Date: 2025-07-20 14:37 UTC

1. Risk Rating: LOW
   The company exhibits a stable financial position with positive net current assets and shareholders' funds. It is current with all filings and is not in any form of insolvency process.

2. Key Concerns:

• Limited Share Capital: The nominal share capital is only £2, indicating a very small equity base, which may limit funding flexibility.
• Small Scale and Short Operating History: Incorporated in late 2022, the company is relatively new with limited financial history and only two employees, which may limit operational resilience.
• Concentration of Control: Single director and 100% ownership by one individual may present governance risks and potential succession challenges.

3. Positive Indicators:

• Positive Net Current Assets: As of 30 November 2024, net current assets stand at £19,570, suggesting the company can meet its short-term liabilities.
• Healthy Cash Position: Cash holdings increased substantially from £20,558 in 2023 to £38,535 in 2024, indicating improved liquidity.
• Compliance: All statutory filings including accounts and confirmation statements are up to date with no overdue filings or penalties.

4. Due Diligence Notes:

• Verify the source and sustainability of cash inflows driving the increased cash balance and whether these are operational or financing related.
• Assess client concentration and revenue streams given the small size and early stage of the business.
• Review director’s background and governance arrangements due to sole control.
• Confirm any off-balance sheet liabilities or contingent risks not disclosed in abridged accounts.
• Understand the depreciation policy and fixed asset usage since tangible assets are modest (£2,661 net book value).