Company Number: 12545175

Analysis Date: 2025-07-20 12:51 UTC

1. Risk Rating: LOW
   The company demonstrates consistent profitability, positive net current assets, no overdue filings, and an unqualified audit opinion with going concern confirmed. These factors indicate a low risk profile from solvency, liquidity, operational, and regulatory perspectives.

2. Key Concerns:

• Modest scale of operations with turnover of £186,530 (2024) limits financial resilience to shocks.
• Low cash balances (£9,686) relative to current liabilities (£76,218), though working capital remains positive, suggests monitoring liquidity closely.
• No information on significant control persons disclosed; limited transparency on ownership structure may warrant further scrutiny.

3. Positive Indicators:

• Profit growth from £18,269 (2023) to £25,792 (2024) shows improving operational performance.
• Positive net current assets of £25,898 and net assets matching shareholders' funds indicates sound capital structure.
• Fully up to date with statutory filings (accounts and confirmation statement) and clean audit report with no material uncertainties.
• Experienced directors with chartered accountant qualifications and no adverse conduct records noted.
• Established relationship with reputable auditor and bank.

4. Due Diligence Notes:

• Review detailed cash flow statements to assess liquidity management and timing of receivables conversion given high debtor balances (£92,430).
• Clarify ownership and control structure as no PSC information provided; verify compliance with PSC disclosure requirements.
• Investigate administrative expenses growth (nearly doubled from 2023 to 2024) to understand cost drivers and sustainability of operating margins.
• Confirm business continuity plans and client concentration to evaluate operational risk given small size.
• Validate completeness of disclosures and accounting policies applied.