Company Number: 13016484

Analysis Date: 2025-07-20 13:19 UTC

1. Risk Rating: LOW
   The company demonstrates a solid net asset position with growth over recent years, no overdue filings or compliance issues, and a micro-entity filing status that simplifies regulatory burden. The balance sheet suggests the company can meet short-term obligations comfortably.

2. Key Concerns:

• Lack of detailed profit and loss information limits assessment of operational profitability and cash flow generation.
• The average number of employees dropped to zero in the last reported year, which may indicate reduced operational activity or reliance on directors only.
• Share capital is minimal (£100), which may imply limited equity buffer against losses or external financial shocks.

3. Positive Indicators:

• Net assets increased significantly from £25,683 in 2020 to £85,285 in 2023, indicating retained earnings or asset growth.
• Current assets (£101,529) substantially exceed current liabilities (£39,953), producing strong net current assets of £61,576, which implies good short-term liquidity.
• No overdue accounts or confirmation statements, reflecting good compliance and governance practices.
• Directors and persons with significant control are clearly identified with no disqualifications or adverse records noted.
• The company operates in the IT consultancy sector (SIC 62020), a generally stable and growing industry.

4. Due Diligence Notes:

• Request and review the profit and loss accounts and cash flow statements to better understand operational performance and cash generation.
• Clarify the reason for the reduction in employee numbers and assess whether the business model is sustainable with current staffing.
• Investigate the nature and valuation of fixed assets, which increased notably in the latest year (£823 to £23,709).
• Confirm the ownership structure and any interrelations between the multiple persons named as controllers, considering possible overlaps or trusts.
• Verify the absence of contingent liabilities or off-balance sheet obligations that might impact solvency.
• Understand future business plans or contracts to evaluate ongoing operational viability.