Company Number: 14402945

Analysis Date: 2025-07-20 14:00 UTC

1. Risk Rating: LOW
   Calibre Collection Limited demonstrates a strong liquidity position with significantly higher current assets than current liabilities and positive net assets. The company is compliant with filing deadlines and shows no signs of financial distress or regulatory non-compliance.

2. Key Concerns:

• Declining net assets: Net assets have decreased from £184,451 (2023) to £158,004 (2024), which may suggest erosion of retained earnings or increased liabilities.
• Limited operational scale: The company reports zero employees and minimal share capital (£106.17), which may indicate limited business activity or early-stage operations.
• Concentration of control: One individual holds 75-100% of shares and voting rights, which presents governance risk related to minority shareholder protections and potential decision-making concentration.

3. Positive Indicators:

• Strong liquidity: Current assets (£174,769) far exceed current liabilities (£15,000), providing ample working capital to meet short-term obligations.
• Filing compliance: No overdue accounts or confirmation statements, indicating good regulatory compliance and governance discipline.
• Positive net assets and shareholder funds, indicating the company is solvent and equity-backed.

4. Due Diligence Notes:

• Investigate the reason behind the decline in net assets over the last year and assess whether this trend may continue or reflects one-off events.
• Confirm the nature and scale of business operations given zero reported employees and micro-entity status; assess revenue streams and cash flow sustainability.
• Review governance arrangements due to shareholder concentration, including any shareholder agreements and director independence.
• Validate that there are no contingent liabilities or off-balance-sheet obligations that might impact solvency.
• Consider the role and reliability of the corporate secretary (Cooper Faure Limited) in maintaining compliance and administration.