Company Number: 12485928

Analysis Date: 2025-07-20 15:37 UTC

1. Risk Rating: LOW
   The company shows a solid net asset base with positive net current assets and no overdue filings. The consistent increase in net assets and working capital over recent years suggests sound financial health for a micro-entity.

2. Key Concerns:

• Limited scale: As a micro-entity with only one employee, the business may have operational risks related to capacity and scalability.
• Minimal fixed assets: Fixed assets are negligible, indicating limited tangible resources, which may impact operational resilience.
• Single director and PSC data absence: Sole director with no PSC details publicly disclosed raises minor governance transparency considerations, although common for micro businesses.

3. Positive Indicators:

• Strong liquidity position: Current assets significantly exceed current liabilities with net current assets rising from £6,974 (2023) to £18,587 (2024).
• Increasing net assets: Equity has grown steadily from £4,448 in 2020 to £18,749 in 2024, reflecting retained earnings or capital injections.
• Compliance on filings: All accounts and confirmation statements are filed on time, indicating good regulatory compliance and governance.
• Clear business focus: Operating in online retail (SIC 47910) with an active website suggests ongoing commercial activity.

4. Due Diligence Notes:

• Review profit and loss details: The P&L reserve and profitability are not shown; assess profitability trends and cash flow sufficiency.
• Examine revenue streams and growth strategy: Understand how the company plans to scale beyond a single employee and limited fixed assets.
• Validate director’s background and governance controls: Confirm absence of director disqualifications or regulatory issues.
• Confirm details on customers and suppliers: Due to limited fixed assets, cash flow stability depends on trading partners.
• Investigate any off-balance sheet liabilities or contingent risks not visible from micro-entity filings.