Company Number: 14557743

Analysis Date: 2025-07-29 20:51 UTC

1. Risk Rating: LOW
   The company is a recently incorporated micro-entity with modest net assets and positive net current assets. There are no overdue filings or signs of financial distress, supporting a low risk rating.

2. Key Concerns:

• Limited Operating History: Incorporated in late 2022 and filing first accounts for 2023, the company has a short track record, which limits visibility into operational stability and profitability trends.
• Small Scale: As a micro-entity with only one employee and modest assets/liabilities, the company may be more vulnerable to market fluctuations or operational disruptions.
• Concentrated Control: Single director and 75-100% ownership by one individual could pose governance risks, including potential conflicts of interest or limited oversight.

3. Positive Indicators:

• Positive Working Capital: Net current assets of £11,227 indicate the company can meet short-term liabilities with current assets, suggesting reasonable liquidity at year-end.
• Compliance: No overdue accounts or confirmation statement filings show good regulatory compliance and governance discipline.
• Clear Ownership and Management: PSC and director information are consistent and up to date, indicating transparent control structure.

4. Due Diligence Notes:

• Review detailed profit and loss data (not provided) to assess operational profitability and cash flow generation.
• Monitor subsequent filings to confirm ongoing compliance and financial development beyond initial year.
• Investigate the business model and client base given the dual SIC codes (specialised cleaning and joinery installation) to understand revenue diversification and sustainability.
• Consider director background checks to assess experience and any prior regulatory issues, although none are indicated here.