Company Number: 12610307

Analysis Date: 2025-07-29 14:56 UTC

1. Risk Rating: LOW

The company demonstrates a strong liquidity position with positive net current assets and no overdue filings, supporting a low solvency risk. The absence of employees and minimal liabilities suggest low operational complexity but also indicate a lean operational structure.

2. Key Concerns:

• Significant decline in cash reserves from £63,242 in 2023 to £9,713 in 2024, which may warrant investigation into recent cash outflows or changes in business activity.
• No reported employees, implying reliance on directors or contractors; this could impact scalability and operational stability.
• Minimal share capital (£2) and lack of detailed profit and loss information limit assessment of profitability and capital structure robustness.

3. Positive Indicators:

• Current assets exceed current liabilities, with net current assets of £9,752 reported in 2024, indicating the company can meet short-term obligations.
• No overdue accounts or confirmation statement filings, suggesting good regulatory compliance.
• Directors have stable appointments since incorporation with no indications of disqualification or governance issues.

4. Due Diligence Notes:

• Review detailed profit and loss data to assess profitability trends since this information was not filed.
• Investigate reasons for the sharp reduction in cash balances between 2023 and 2024.
• Confirm the nature of operations and reliance on directors given the absence of employees.
• Verify any external financing arrangements or contingent liabilities not reflected in current accounts.
• Assess future business plans and cash flow forecasts to determine operational sustainability.