Company Number: 13221086

Analysis Date: 2025-07-29 12:17 UTC

1. Risk Rating: LOW to MEDIUM
   The company shows modest but positive net assets growth over its short operating history, no overdue filings, and compliance with micro-entity reporting standards. However, its very small scale, low asset base, and limited financial disclosures warrant a cautious stance.

2. Key Concerns:

• Limited Financial Scale: Net assets stood at £1,549 as of the latest accounts, reflecting a very small capital base and limited buffer to absorb losses or financial shocks.
• Minimal Share Capital and Resources: Share capital is only £100 and average employee count is two, indicating limited operational scale and potential vulnerability to market or operational disruptions.
• Lack of Profit & Loss Disclosure: The absence of a filed profit and loss account restricts insight into profitability, cash flows, and ongoing operational viability beyond net asset snapshots.

3. Positive Indicators:

• Timely Regulatory Compliance: Accounts and confirmation statements are filed on time, demonstrating good governance adherence.
• Consistent Modest Net Asset Growth: Net assets increased steadily from £501 in 2021 to £1,549 in 2024, indicating some retained earnings or asset accumulation.
• Stable Directorship: Single director with continuous appointment since incorporation suggests stable management without reported governance issues.

4. Due Diligence Notes:

• Obtain and review management accounts or internal financial statements to assess profitability, cash flow, and operational sustainability.
• Investigate the nature and terms of current assets and creditors to verify liquidity quality and working capital adequacy.
• Confirm the company’s business model viability within the unlicensed carrier and transport support sectors and any regulatory risks specific to these activities.
• Verify whether there are any contingent liabilities or off-balance sheet risks not apparent in the micro-entity accounts.