Company Number: 14378391

Analysis Date: 2025-07-29 17:16 UTC

1. Risk Rating: LOW
   The company shows solid net current assets, positive net asset growth, no overdue filings, and a stable ownership structure indicating low immediate financial risk.

2. Key Concerns:

• Accruals and deferred income increased significantly from £16,939 to £50,789, which might indicate advanced receipts or obligations requiring clarification.
• The company is very young (incorporated in late 2022), so historical financial data is limited, restricting long-term trend analysis.
• The director holds full ownership and control; reliance on a single individual could pose governance and succession risks.

3. Positive Indicators:

• Strong liquidity position with current assets (£212,773) substantially exceeding current liabilities (£71,144), resulting in healthy net current assets of £141,629 as of 2024.
• Net assets increased by nearly 49% from £61,302 in 2023 to £91,157 in 2024, signaling growth and capital retention.
• No overdue statutory filings and compliance with filing deadlines demonstrates good governance and regulatory adherence.
• The company operates in retail and wholesale food sectors, which can provide steady cash flows if managed effectively.
• The active website and contact details suggest ongoing trading activity.

4. Due Diligence Notes:

• Clarify the nature and reason for the significant increase in accruals and deferred income to assess any potential future cash flow impacts.
• Review detailed profit and loss information (not provided) to understand profitability, margins, and expense trends.
• Investigate customer concentration and supplier terms given the wholesale and retail food activities to assess operational risks.
• Confirm the director’s capability and plans for business continuity given single-person control and ownership.
• Monitor upcoming filings and financial updates to validate continued compliance and financial performance.