Company Number: 12460150

Analysis Date: 2025-07-20 13:09 UTC

1. Risk Rating: LOW
   The company demonstrates strong net asset growth, positive working capital, and timely filing compliance, indicating low immediate risk to solvency or liquidity.

2. Key Concerns:

• Limited equity share capital (£3), indicating reliance on retained earnings or external funding rather than initial capital injection.
• Micro-entity status limits financial disclosure, restricting insight into profitability, cash flow, and contingent liabilities.
• No information on significant control persons, which could obscure governance transparency.

3. Positive Indicators:

• Net assets increased substantially from £14,387 in 2020 to £82,242 in 2024, reflecting positive equity growth.
• Healthy net current assets of £51,133 as of 2024 show sufficient short-term liquidity to cover current liabilities (£21,478).
• Consistent increase in fixed assets and current assets over the years suggests ongoing investment and operational expansion.
• Compliance with filing deadlines and no overdue returns indicate good regulatory adherence.
• Employee numbers increased from 6 to 7, indicating modest operational growth.

4. Due Diligence Notes:

• Review profit and loss statements and cash flow details if available to assess operational profitability and cash generation.
• Investigate ownership structure and identify Persons with Significant Control to evaluate governance and potential related-party risks.
• Confirm absence of contingent liabilities or off-balance-sheet obligations not visible in micro-entity accounts.
• Examine the nature and source of increases in fixed and current assets to assess sustainability and quality of asset growth.
• Understand the company’s business model and market position in the take-away and licensed restaurant sector to assess operational stability.