Company Number: 13233000

Analysis Date: 2025-07-20 12:03 UTC

1. Risk Rating: LOW

The company demonstrates a stable financial position with positive net assets and net current assets, no overdue filings, and a low level of liabilities relative to assets. The risk of insolvency or liquidity distress appears minimal based on the latest financial data.

2. Key Concerns:

• The company operates with only one employee (the director), which may present operational continuity risks if the director is unavailable or incapacitated.
• The fixed assets decreased from £55,320 in 2023 to £43,249 in 2024, which might indicate asset disposals or depreciation outpacing reinvestment; the impact on operational capability should be reviewed.
• The company’s share capital is nominal (£10), which is typical for micro-entities but may limit capital raising flexibility.

3. Positive Indicators:

• Positive net current assets (£3,247) and net assets (£21,201) as of 31 March 2024 indicate the company is solvent and able to meet short-term obligations.
• No overdue account or confirmation statement filings, suggesting good compliance and governance.
• The company’s micro-entity accounts are prepared under the small companies regime, reducing administrative burden and suggesting compliance with regulatory requirements.
• Consistent reporting history since incorporation in 2021 and increasing shareholders' funds from £10 to over £21,000 demonstrate growth in equity.

4. Due Diligence Notes:

• Verify the nature and condition of fixed assets and reasons for their reduction in the latest year to assess operational impact.
• Assess cash flow trends and working capital management beyond balance sheet snapshots to confirm ongoing liquidity.
• Confirm director’s capacity and plans for business continuity given the company’s sole employee status.
• Review any contingent liabilities or off-balance-sheet exposures not visible in micro-entity accounts.
• Examine customer and supplier concentration risks given the company’s niche market in motor vehicle parts retail and repair.