Company Number: 15164111

Analysis Date: 2025-07-20 18:45 UTC

1. Risk Rating: LOW
   The company is newly incorporated with a very recent first set of accounts showing a positive net asset position and working capital. There are no overdue filings or indications of distress.

2. Key Concerns:

• Limited operating history: Incorporated September 2023 with only one full financial year reported, limiting trend analysis.
• Small scale: Micro-entity classification with minimal fixed assets and a very small workforce (2 employees) may limit operational resilience.
• Single controlling shareholder/director: 100% ownership and control concentrated in one individual could pose governance risks.

3. Positive Indicators:

• Positive net current assets (£18,307) and net assets (£17,643) indicate solvency at the balance sheet date.
• No overdue accounts or confirmation statement filings, demonstrating compliance with statutory obligations.
• Clear business focus on construction of domestic buildings (SIC 41202) with a director experienced as a building contractor.
• Share capital fully paid, no outstanding called up share capital.

4. Due Diligence Notes:

• Review detailed cash flow and profit & loss data if available to confirm liquidity and operational cash generation.
• Monitor future filings for revenue trends and cost management as the business scales.
• Assess any related party transactions given director’s full control and potential conflicts of interest.
• Confirm absence of any contingent liabilities or legal claims not apparent from micro-entity accounts.
• Verify the business model viability in local market and the director’s capacity to manage growth with a small team.