CARLSON GRACIE HULL LIMITED

Executive Summary

Carlson Gracie Hull Limited demonstrates significant financial fragility with minimal net assets and working capital, raising concerns regarding its ability to meet obligations and sustain operations. While statutory compliance is current and the business appears operational, the extremely thin financial base and governance ambiguities warrant careful due diligence before considering investment.

CARLSON GRACIE HULL LIMITED - Analysis Report

Company Number: 13734309

Analysis Date: 2025-07-29 19:00 UTC

1. Risk Rating: HIGH
   The company's financial data shows extremely minimal net assets (£3) and net current assets (£3), indicating a very thin equity base and virtually no working capital cushion. The micro-entity scale and minimal share capital (£3) also suggest limited financial resources to meet obligations or absorb shocks.

2. Key Concerns:

• Minimal Financial Cushion: Net assets and working capital barely above zero, posing solvency risk if liabilities increase or revenue declines.
• Limited Cash and Asset Base: Current assets mostly equal to current liabilities, leaving almost no liquidity buffer for operational needs.
• Control Concentration and Governance: Ownership and voting rights largely concentrated in one individual (Owen Livesey) with some conflicting PSC data regarding share ownership percentages, which raises questions on governance clarity.

3. Positive Indicators:

• No Overdue Filings: Accounts and confirmation statements are filed on time, evidencing compliance with statutory obligations.
• Active Website and Registered Address: Online presence and consistent registered office indicate operational activity and transparency.
• Small Employee Base: Average of 3 employees suggests a low fixed cost base, potentially aiding operational stability in tight financial circumstances.

4. Due Diligence Notes:

• Verify the accuracy and consistency of the Persons with Significant Control (PSC) records, particularly the conflicting ownership percentages for Julia Scardone and Owen Livesey.
• Investigate the nature of current assets (cash, receivables, inventory) to assess real liquidity.
• Review business model sustainability and revenue streams given the very limited equity and asset base.
• Confirm no undisclosed liabilities or contingent risks that might threaten solvency.
• Review directors’ declarations regarding ongoing viability and financial forecasts.