CRUMBS BY COLLETTE LTD

Executive Summary

Crumbs by Collette Ltd exhibits a strong liquidity and solvency position with steadily increasing net assets and no overdue statutory filings, reflecting sound financial management for its micro-entity scale. While limited financial disclosures constrain visibility into profitability and cash flows, the company’s current indicators suggest operational stability with aligned ownership and management. Further due diligence on detailed financials and operational capacity is recommended to confirm ongoing sustainability and risk exposure.

CRUMBS BY COLLETTE LTD - Analysis Report

Company Number: 12506376

Analysis Date: 2025-07-29 13:46 UTC

1. Risk Rating: LOW
   The company demonstrates a solid net asset position with healthy net current assets and no significant liabilities relative to assets. It is compliant with filing deadlines and maintains active status without any indications of regulatory or governance issues.

2. Key Concerns:

• Limited financial disclosures due to micro-entity status restrict insights into profitability or cash flow.
• Small share capital (£10) may indicate limited initial funding, though this is not unusual for micro companies.
• Dependence on two directors, both actively involved in other occupations, could pose operational continuity risks.

3. Positive Indicators:

• Consistent growth in net assets from £11,097 in 2020 to £48,052 in 2024, indicating accumulation of retained earnings or capital.
• Strong liquidity position with net current assets of approximately £47,950 as of March 2024, suggesting good short-term solvency.
• Up-to-date statutory filings (accounts and confirmation statements) with no overdue reports or penalties.
• Clear ownership structure with a significant controlling shareholder (Miss Collette Preece) actively involved in management, implying aligned incentives.
• Business focus on retail and manufacturing of bakery goods with an active website presence, supporting operational activity.

4. Due Diligence Notes:

• Request detailed profit and loss information to assess profitability trends and cash flow dynamics, since micro-entity accounts omit these details.
• Investigate the nature and sustainability of current assets (e.g., cash, receivables, inventory) to confirm liquidity quality.
• Confirm whether the directors’ other occupations impact their availability and involvement in company operations.
• Review any potential related party transactions, given the small ownership group and director involvement.
• Assess market positioning and competitive environment for the baking-related retail and manufacturing activities to evaluate business sustainability.
• Verify no adverse director conduct records or legal proceedings against the company or its directors.