BLACK ISLE DESIGN LTD

Executive Summary

Black Isle Design Ltd is an early-stage micro-entity with modest financial resources and no overdue compliance filings, exhibiting a stable but very limited financial position. The low net asset base and significant accruals warrant a cautious stance, and further investigation into cash flow and operational plans is recommended to assess sustainability. The company’s single director ownership ensures clear control but also concentrates risk.

BLACK ISLE DESIGN LTD - Analysis Report

Company Number: SC762851

Analysis Date: 2025-07-20 13:48 UTC

1. Risk Rating: MEDIUM
   The company is in its first full financial year of operation with limited financial history. While it has positive net current assets and no overdue filings, the minimal net assets and accruals suggest potential cash flow constraints that warrant caution.

2. Key Concerns:

• Very low net assets (£463) relative to total assets and accrued liabilities (£7,852) indicate limited financial buffer to absorb shocks.
• The company is a micro-entity with only one employee and minimal fixed assets, implying operational scale and resource constraints.
• The website domain is inactive or disconnected, which may impact marketing and customer engagement in a retail business focused on furniture and lighting.

3. Positive Indicators:

• No overdue accounts or confirmation statements; compliance with filing deadlines suggests good governance in statutory matters.
• Positive net current assets (£5,829) indicate the company currently holds more current assets than current liabilities, supporting short-term liquidity.
• Full ownership and control by a single director/PSC (Steven James Greig) can simplify decision-making and ensure clear accountability.

4. Due Diligence Notes:

• Examine the nature of accruals and deferred income (£7,852) to assess timing and certainty of cash inflows and outflows.
• Review cash flow statements (if available) or request management accounts to confirm liquidity beyond balance sheet snapshots.
• Investigate business model viability and revenue generation plans given the small scale and limited asset base.
• Confirm any plans for website activation or alternative marketing channels given current lack of active online presence.
• Assess director’s background and capacity to sustain and grow the business.