Company Number: 12558539

Analysis Date: 2025-07-19 12:25 UTC

1. Risk Rating: MEDIUM
   While Cranwood Limited shows positive net assets and no overdue filings, the company exhibits several indicators that warrant caution. The absence of employees and the nature of its assets suggest limited operational activity, which could impact cash flow and ongoing viability.

2. Key Concerns:

• Liquidity Position: Cash at bank is minimal (£483), which may constrain the company’s ability to meet short-term obligations despite positive net current assets driven largely by debtors.
• Operational Activity: Average number of employees is reported as zero, indicating either a holding or investment company with little operational turnover, which may affect revenue sustainability.
• Concentration of Control and Investment: Majority ownership (75-100%) by Adenmore Limited and a large investment asset (£1,003,135) suggest reliance on related parties or investments rather than core trading activities, raising questions about business model resilience.

3. Positive Indicators:

• Solvent Balance Sheet: Net assets stand at approximately £1.14 million, with positive shareholders’ funds and no indication of insolvency or overdue statutory filings.
• No Overdue Filings: Both accounts and confirmation statements are up to date, demonstrating compliance with regulatory requirements.
• Stable Investment Value: The significant investment asset value is maintained without a provision for impairment, indicating no current write-downs.

4. Due Diligence Notes:

• Investigate the nature and liquidity of the large investment listed under fixed assets to assess marketability and risk.
• Clarify the company’s business model and revenue generation given the absence of employees and limited tangible assets.
• Review cash flow statements and creditor aging to understand short-term liquidity pressures and debtor quality.
• Assess the relationship with Adenmore Limited including any inter-company transactions or guarantees.
• Confirm whether the company’s activities under SIC code 82990 ("Other business support service activities not elsewhere classified") align with reported financials and operational data.