Company Number: 14737004

Analysis Date: 2025-07-29 13:15 UTC

1. Risk Rating: MEDIUM
   The company is newly incorporated (March 2023) and operates as a micro-entity with minimal assets and net equity (£46). While it is current on filings and not in liquidation, the very limited financial resources and reliance on director loans suggest moderate solvency and liquidity risk at this early stage.

2. Key Concerns:

• Very Low Net Assets: With net assets of only £46 and minimal current assets (£833), the company has minimal financial buffer to absorb shocks.
• Director Loan Dependency: The £425 director loan is interest-free and repayable on demand, indicating reliance on informal funding rather than external finance. This poses liquidity risk if the director cannot or will not continue to support.
• New Company with Limited Track Record: Incorporated less than 1.5 years ago with a single employee, there is limited operational history to assess sustainability or growth prospects.

3. Positive Indicators:

• Filing Compliance: All statutory filings (accounts and confirmation statement) are up to date, indicating good governance and compliance.
• Low Current Liabilities: Current liabilities are low (£715), suggesting limited short-term financial obligations relative to assets.
• Clear Ownership and Control: Single director and 75-100% shareholding by Mr. Ben McLellan simplify governance and decision-making processes.

4. Due Diligence Notes:

• Verify the nature and terms of the director loan and assess the director’s capacity and willingness to continue funding.
• Obtain more detailed financial projections or cash flow forecasts to evaluate sustainability beyond the initial period.
• Assess business model viability given the SIC codes (sports/recreation education and management consultancy) and the market environment.
• Confirm no undisclosed liabilities or contingent risks exist beyond reported figures.
• Consider reviewing client contracts or revenue sources since no turnover data is provided.