Company Number: 14368433

Analysis Date: 2025-07-29 13:45 UTC

1. Risk Rating: LOW
   Cloudbase Services Limited appears financially stable with positive net current assets and increasing shareholders’ funds. The company is current with its statutory filings and has no indications of financial distress or regulatory non-compliance.

2. Key Concerns:

• Limited Scale and History: Being incorporated in late 2022 with micro-entity accounts limits the financial history and operational track record available for assessment.
• Single Person Control: The sole director and 100% shareholder structure concentrates control and decision-making risks.
• Modest Asset Base: Fixed assets are negligible and the company has very few employees, which may impact operational scalability and resilience.

3. Positive Indicators:

• Consistent Positive Working Capital: Net current assets increased from £5,644 in 2023 to £14,898 in 2024, suggesting improving liquidity.
• No Overdue Filings: All accounts and confirmation statements are up to date, reflecting good compliance.
• Shareholders’ Funds Growth: Equity more than doubled from £6,343 to £15,247 within one year, indicating retained earnings or capital injection.

4. Due Diligence Notes:

• Verify the nature of current liabilities and confirm they are not short-term debts with onerous terms that could stress liquidity.
• Understand the revenue model and cash flow patterns since limited financial detail is available.
• Confirm the absence of any director disqualifications or regulatory actions beyond the Companies House records.
• Assess the business plan and growth strategy given the micro-entity scale and single employee status.
• Review related party transactions if any, especially given the sole director’s control.