Company Number: 13951925

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

1. Risk Rating: LOW
   The company's financials indicate a solid net asset position with positive working capital and no overdue filings. As a micro-entity, it maintains modest but stable asset levels and current liabilities well covered by current assets.

2. Key Concerns:

• Reliance on Single Director/Shareholder: The business is fully controlled by one individual who also provides ongoing support, posing concentration risk.
• Limited Scale and Employee Base: With only one employee and micro size, operational scalability and resilience may be limited.
• Asset Composition and Depreciation: Fixed assets increased due to recent additions but carry depreciation charges; assessing asset utilization and impact on cash flows is advisable.

3. Positive Indicators:

• Strong Liquidity Position: Current assets exceed current liabilities by over £10k, indicating good short-term liquidity.
• No Overdue Filings: The company is current with both accounts and confirmation statement filings, reflecting regulatory compliance.
• Stable Net Asset Base: Net assets remain positive and stable (£22,935 in 2024 vs £23,822 in 2023), suggesting financial stability.

4. Due Diligence Notes:

• Verify Cash Flow Trends: Limited data on turnover and profitability; assess cash flows and revenue consistency from trading activities.
• Confirm Director’s Support Commitment: Since going concern is dependent on director support, confirm the nature and extent of this support.
• Review Asset Utilization: Examine the nature and usage of fixed assets (plant, machinery, motor vehicles) to ensure efficient capital deployment.