Company Number: 13026686

Analysis Date: 2025-07-20 12:22 UTC

1. Risk Rating: LOW
   The company demonstrates a solid net asset position with positive net current assets and no fixed assets liabilities, indicating low immediate solvency risk. The filing status is current with no overdue accounts or confirmation statements, reflecting good regulatory compliance. The micro-entity size and consistent positive working capital support a low liquidity risk profile.

2. Key Concerns:

• Declining current assets trend: Current assets decreased from £52,958 (2020) to £37,840 (2024), which may indicate tightening liquidity or reduced cash reserves over time.
• Minimal turnover reported (£9,066 in 2020, with no turnover data for subsequent years) raises questions about revenue generation and operational sustainability.
• No employees reported (average number 0), suggesting reliance on directors or contractors, which could impact operational capacity and scalability.

3. Positive Indicators:

• Strong net current assets and shareholders’ funds consistently positive over five years, indicating good solvency and equity buffer.
• Up-to-date statutory filings with no overdue accounts or confirmation statements, showing good governance and compliance.
• Directors have professional backgrounds relevant to finance and sales, supporting competent management.

4. Due Diligence Notes:

• Investigate recent turnover and revenue trends beyond 2020 to assess operational performance and sustainability.
• Clarify the nature of the business model and how operational activities are conducted without employees.
• Review cash flow statements or management accounts (if available) to understand liquidity dynamics given declining current assets.
• Confirm no contingent liabilities or off-balance sheet risks beyond those disclosed.
• Validate director conduct records for any potential reputational risks (none indicated but worth confirming).