Company Number: 13103421

Analysis Date: 2025-07-20 13:58 UTC

1. Risk Rating: LOW
   The company demonstrates a positive net asset position with no overdue filings or indications of financial distress. The micro-entity status limits public financial disclosures but available data shows consistent net current assets and shareholder equity.

2. Key Concerns:

• Declining current assets from £28,305 (2022) to £18,066 (2023) may suggest reduced liquidity that warrants monitoring.
• Provision for liabilities remains notable (£5,086 in 2023), reducing net assets; the nature and timing of these provisions should be clarified.
• Limited scale of operations and small shareholder capital (£1,000) may constrain financial flexibility and growth potential.

3. Positive Indicators:

• No overdue statutory filings (accounts and confirmation statements) demonstrating regulatory compliance.
• Positive net current assets and net assets maintained over the years, indicating solvency at reporting dates.
• Stable governance with two active directors including a majority shareholder controlling >75% shares, providing clear control and accountability.
• Employment of 3 staff suggests operational activity consistent with the company’s classification as a micro-entity.

4. Due Diligence Notes:

• Investigate the composition and timing of the reported provisions for liabilities to assess potential future cash outflows.
• Review cash flow statements if available to confirm liquidity position beyond balance sheet snapshots.
• Understand the company’s business model and revenue streams given the SIC codes (temporary employment, data processing) and how these impact financial stability.
• Confirm absence of any director disqualifications or regulatory compliance issues beyond filings.
• Assess any contingent liabilities or off-balance-sheet risks beyond the disclosed absence.