Company Number: 12467351

Analysis Date: 2025-07-20 15:40 UTC

1. Risk Rating: LOW
   The company exhibits a strong net asset base relative to its liabilities, positive net current assets, and no overdue filings, which supports a low risk rating. The financials indicate improving financial stability over time.

2. Key Concerns:

• The company’s accounts are unaudited and filed under the small company exemption, limiting the depth of external assurance on financial accuracy.
• There are notable provisions for liabilities (£4,961), which require clarity on their nature and potential impact.
• Directors have received significant dividends (£79,800) relative to net assets, which may reflect heavy profit distribution and warrants review of retained earnings sustainability.

3. Positive Indicators:

• Consistent growth in net assets from £187 in 2020 to £97,110 in 2024, indicating improving solvency.
• Strong liquidity position with current assets (£104,767) comfortably exceeding current liabilities (£5,365) as of 2024.
• No overdue statutory filings (accounts or confirmation statement), demonstrating good regulatory compliance.

4. Due Diligence Notes:

• Confirm the nature and adequacy of provisions for liabilities and any contingent risks.
• Review the company's cash flow statements and profit trends (not filed publicly) to assess operational cash generation and dividend sustainability.
• Investigate the directors’ advances and any related party transactions for potential conflicts or financial strain.
• Assess the impact of the hire purchase and bank loan obligations (£18,496 due after one year) on future liquidity.