Company Number: 14573704

Analysis Date: 2025-07-20 14:27 UTC

1. Risk Rating: HIGH

Justification: The company is very recently incorporated (January 2023) and operates at a micro scale with extremely limited turnover (£6,965) and minimal net assets (£196). The low asset base and very modest profit margin (£195) indicate limited financial resilience. Liquidity is minimal, and the company has only one employee, indicating a very small operational footprint. While filings are up to date, the financials suggest the company is at early-stage risk with uncertain sustainability.

2. Key Concerns:

• Liquidity and Working Capital: Net current assets of only £195 suggest almost no buffer to cover short-term obligations.
• Operational Scale and Sustainability: Very low turnover and single employee raise concerns over the viability of ongoing operations and ability to scale.
• Financial Fragility: Minimal net assets and profit margin leave little room for unforeseen expenses or business disruptions.

3. Positive Indicators:

• Compliance and Governance: Company’s accounts and confirmation statements are filed timely with no overdue filings, indicating good regulatory compliance.
• Clear Ownership and Control: Single director and 75–100% shareholder control provides clear accountability and decision-making.
• No Off-Balance Sheet Liabilities: The accounts confirm no contingent liabilities or off balance sheet arrangements.

4. Due Diligence Notes:

• Investigate the nature of the wired telecommunications activities to assess market potential and competitive positioning.
• Clarify the company’s business model, client base, and revenue growth prospects given the low turnover.
• Review cash flow statements and bank statements (not provided) to verify liquidity beyond balance sheet snapshots.
• Assess director’s background and financial support capacity, given the micro scale and single controller structure.
• Monitor future filings for trends in profitability, asset growth, and working capital changes.