Company Number: 13585165

Analysis Date: 2025-07-20 18:07 UTC

1. Risk Rating: LOW
   The company demonstrates consistent positive net current assets and shareholder funds over the last three years. Filing compliance is current with no overdue accounts or confirmation statements. The business operates within a micro-entity framework with minimal liabilities and modest assets, suggesting a low risk of insolvency or liquidity distress.

2. Key Concerns:

• Declining Net Assets: Shareholders’ funds have decreased from £4,889 in 2021 to £2,847 in 2024, indicating erosion of equity that warrants monitoring.
• Low Scale of Operations: Financials reveal very limited current assets and liabilities, and an average of only one employee, which could imply limited operational capacity and revenue generation.
• Director Resignation: One of the two directors resigned in May 2024. While remaining director control is clear, the impact on governance and operational oversight should be reviewed.

3. Positive Indicators:

• Filing and Compliance: Accounts and confirmation statements are filed on time with no overdue issues, reflecting good regulatory compliance.
• Adequate Liquidity: The company holds modest but positive net current assets each year, indicating it can meet short-term obligations.
• Clear Ownership and Control: Significant Control data shows a stable ownership structure with one major shareholder controlling 75-100%, which may support decision-making stability.

4. Due Diligence Notes:

• Investigate reasons for the decline in shareholders’ funds over the period—whether due to operational losses, distributions, or other factors.
• Review turnover and profit & loss details not available here to confirm sustainability of revenue streams and business model viability.
• Assess the effect of director resignation on company governance and whether any operational changes have occurred since May 2024.
• Confirm the nature of current assets to ensure liquidity is not overstated by non-cash items.