Company Number: 13669414

Analysis Date: 2025-07-29 12:18 UTC

1. Risk Rating: LOW
   Cornish Hideaways Limited demonstrates a solid net asset position that has more than doubled over three years, healthy net current assets, and no overdue filings. The company operates within a micro-entity framework with minimal staff, typical for its hotel accommodation SIC code. There are no indications of insolvency or regulatory non-compliance.

2. Key Concerns:

• Limited scale and employee base (only 1 employee on average), which may constrain operational resilience and growth capacity.
• Fixed assets increased significantly in the latest year (£6,876 to £22,355), warranting review of capital expenditure and financing sources to ensure sustainability.
• No detailed profit and loss information is provided in the data, limiting assessment of cash flow or profitability trends.

3. Positive Indicators:

• Consistent growth in net current assets and net assets from £14,708 in 2021 to £64,457 in 2024, indicating improving financial strength.
• Current liabilities remain well covered by current assets, with net current assets of £42,102 in 2024, supporting short-term liquidity.
• No overdue accounts or confirmation statements, showing good regulatory compliance and governance discipline.
• Directors and persons of significant control are consistent and UK-based, reducing complexity and risk of governance issues.
• Active website and clearly stated business activities aligned with the SIC code for hotels and similar accommodation.

4. Due Diligence Notes:

• Obtain full profit and loss statements for recent years to evaluate operational profitability, cash flows, and margins.
• Review the nature and funding of the increased fixed assets to assess if capital expenditure aligns with business strategy and does not strain liquidity.
• Confirm the ongoing viability of the business model given the micro-entity classification and reliance on a single employee.
• Verify if any contingent liabilities or off-balance sheet risks exist that could impact solvency.
• Assess the directors’ experience in hospitality and management given the small scale of operations.