Company Number: 14501939

Analysis Date: 2025-07-29 12:35 UTC

1. Risk Rating: MEDIUM
   The company is very young (incorporated late 2022) with minimal net assets (£113) and limited working capital (£1,313). While it is currently solvent on a balance sheet basis, the very low equity base and accruals (£1,200) suggest limited financial buffer. The small scale and absence of audit increase risk due to limited financial transparency.

2. Key Concerns:

• Minimal Net Assets and Equity: With net assets and shareholders’ funds at only £113, the company has a very weak capital base to absorb losses or fund growth.
• Accruals and Current Liabilities: Accruals and deferred income of £1,200 relative to current assets of £7,649 indicate some short-term obligations that could strain liquidity if cash inflows are not timely.
• Limited Operating History: Being only one year old, there is insufficient financial track record to assess sustainability or operational profitability. The micro-entity status also limits disclosure and audit oversight.

3. Positive Indicators:

• Current Solvency Position: Current assets exceed current liabilities by £1,313, indicating the company can meet immediate obligations based on the latest accounts.
• No Overdue Filings: The company is up to date with both accounts and confirmation statement filings, indicating compliance with statutory requirements.
• Single Director/Shareholder Control: Clear ownership and direct control by Ms Jo Hanna may allow agile decision-making and streamlined governance.

4. Due Diligence Notes:

• Investigate the nature and timing of accruals and deferred income to understand short-term cash flow obligations.
• Review any management accounts or cash flow forecasts since year-end to assess current liquidity and trading performance.
• Confirm business model viability and client base given the SIC codes related to business support services and building project development.
• Assess background and capacity of the sole director/shareholder in managing business risks and growth.
• Monitor future filings for any material changes in financial position or operational scale.