Company Number: 12450886

Analysis Date: 2025-07-20 13:13 UTC

1. Risk Rating: LOW

The company demonstrates a positive net asset position with net current assets of £17,065 as of the latest financial year end. There are no overdue filings or signs of regulatory non-compliance. The financial data indicates a stable balance sheet with current assets exceeding current liabilities.

2. Key Concerns:

• The company has no employees reported, which may raise questions about operational scale and sustainability if reliant solely on directors or subcontractors.
• Debtors substantially increased from a negative figure (£-1,194) to £17,445 in the latest period, concentrated in amounts owed by related parties, which could pose a concentration risk or affect liquidity if not collectible.
• Current liabilities include amounts owed to group undertakings and other creditors; while manageable, the liquidity depends heavily on intra-group balances and timely settlement.

3. Positive Indicators:

• The company is active with up-to-date accounts and confirmation statements, indicating good compliance with regulatory requirements.
• The net asset position has improved year-on-year, showing growth from £16,138 to £17,065, reflecting retained earnings accumulation.
• Cash on hand is positive (£6,790), supporting short-term liquidity needs.
• Directors have direct control with significant shareholding (both owning 50-75%), suggesting aligned governance and decision-making stability.

4. Due Diligence Notes:

• Investigate the nature and collectability of the significant debtor balances owed by group undertakings or related parties to assess liquidity risk.
• Clarify the operational model given zero employees reported: ascertain whether services are delivered via subcontractors or directors and the implications for business continuity.
• Review creditor aging and payment terms, particularly amounts owed to related parties, to understand cash flow timing and financial obligations.
• Confirm absence of contingent liabilities or off-balance sheet commitments that may impact financial stability.
• Assess the company's revenue trends and profitability beyond the balance sheet figures, as the profit and loss account is not publicly filed.