Company Number: 13476805

Analysis Date: 2025-07-29 14:12 UTC

1. Risk Rating: MEDIUM
   The company shows positive net current assets and increasing shareholders funds, indicating solvency. However, the overdue accounts filing is a governance concern, and the small scale with minimal asset base suggests limited financial resilience.

2. Key Concerns:

• Overdue filing of annual accounts (due March 2025 but not filed by the report date) may suggest compliance issues or internal control weaknesses.
• The company is a micro-entity with modest fixed assets (£10k) and relatively low current assets (£67k), which may limit liquidity buffers in the event of cash flow stress.
• Directors’ balances show advances and repayments, indicating related party transactions that may need scrutiny for financial stability and transparency.

3. Positive Indicators:

• Net current assets increased significantly from £157 in 2022 to £23,334 in 2023, showing improved working capital.
• Shareholders funds increased markedly to £33,418 in 2023 from £345 in 2022, reflecting capital injection or retained earnings.
• The company is active with consistent director appointments and no indication of insolvency or liquidation proceedings.

4. Due Diligence Notes:

• Obtain the latest filed accounts once submitted to verify updated financial position and confirm no material adverse changes.
• Review the nature and terms of director advances and repayments to ensure no undue risk or conflicts of interest.
• Investigate reasons for overdue accounts filing and assess any impact on regulatory compliance or risk of penalties.