Company Number: 13942677

Analysis Date: 2025-07-20 17:00 UTC

1. Risk Rating: LOW
   The company exhibits a solid net asset position and positive working capital with no overdue filings, indicating low immediate financial risk. As a micro-entity with a short operating history, risks inherent to early-stage businesses remain, but no red flags are apparent from the provided data.

2. Key Concerns:

• Limited operating history: Incorporated in 2022, the company’s financial track record is short, which may limit confidence in long-term sustainability.
• No employees reported: The absence of employees could imply reliance on subcontractors or the director alone, which may affect operational scalability and risk exposure.
• Concentrated control: One individual holds 75-100% ownership and voting rights, which can present governance risks but is not unusual for small private companies.

3. Positive Indicators:

• Positive net assets of £24,089 as of 2024, showing growth from £14,395 in 2023, reflecting retained earnings or capital injection.
• Strong liquidity position with net current assets of £12,509 exceeding current liabilities of £2,936, indicating ability to meet short-term obligations.
• Compliance with filing deadlines: Accounts and confirmation statements are filed on time, demonstrating good regulatory compliance.

4. Due Diligence Notes:

• Verify sources of revenue and profitability trends beyond balance sheet data to assess operational sustainability in construction of domestic buildings.
• Confirm whether the company employs subcontractors or consultants given zero reported employees and assess any contingent liabilities.
• Review director’s background for any regulatory or conduct issues despite no disqualifications reported.
• Evaluate the reason for the significant increase in current assets from 2023 to 2024 to understand cash flow and working capital management.