Company Number: 12617832

Analysis Date: 2025-07-20 15:08 UTC

1. Risk Rating: MEDIUM

Justification: BESPOKE NOURISHMENT LIMITED shows positive net current assets and is up to date with filings, indicating basic compliance and liquidity. However, the company’s net assets are very low and declining significantly from £472 in 2023 to £275 in 2024, coupled with substantial provisions for liabilities (£11,370 in 2024), which raises concerns about solvency risks and potential future cash outflows. The absence of employees and minimal fixed assets suggests limited operational scale and sustainability risks.

2. Key Concerns:

• Declining net assets and low shareholders’ funds (£275 in 2024), which may impair the company’s ability to absorb losses or raise capital.
• Significant provisions for liabilities (£11,370), which could indicate ongoing or anticipated financial obligations that may strain liquidity.
• No recorded employees and minimal fixed assets could imply a very limited operational base, raising questions about the business model viability and revenue generation capacity.

3. Positive Indicators:

• The company is current with all statutory filings, including accounts and confirmation statements, demonstrating regulatory compliance.
• Positive net current assets (£17,225 in 2024) suggest the company has sufficient short-term assets to cover immediate liabilities.
• The director has been in place since incorporation, indicating stable leadership without any publicly disclosed disqualifications.

4. Due Diligence Notes:

• Investigate the nature and cause of the large provisions for liabilities and assess their expected timing and impact on cash flow.
• Review detailed revenue and expense trends to evaluate operational sustainability given the lack of employees and minimal fixed assets.
• Confirm whether there are any contingent liabilities or off-balance sheet risks not fully disclosed in the micro-entity accounts.
• Evaluate the director’s background further to ensure no undisclosed risks or conflicts related to governance.