Company Number: 12454431

Analysis Date: 2025-07-20 11:53 UTC

1. Risk Rating: LOW
   The company demonstrates stable financial growth with positive net assets and modest profitability. No overdue filings or liquidation status are noted, indicating sound regulatory compliance. The micro-entity size limits complexity and risk exposure.

2. Key Concerns:

• Limited Liquidity Cushion: Current assets are low (£4,104) relative to turnover (~£192k) and staff costs, which may constrain operational flexibility.
• Modest Profit Margins: Profit for the period is small (£4,220), and staff costs have risen significantly, which could pressure future earnings if turnover growth slows.
• Concentrated Control: Ownership and control are concentrated with one individual (Mr Jonathan Neil Thorne), which may raise governance and succession risk considerations.

3. Positive Indicators:

• Consistent Growth: Turnover has increased steadily from £64,848 in 2020 to £192,113 in 2024, showing positive business development.
• Positive Net Assets: Net assets improved to £66,082 in 2024 from £7,470 in 2020, reflecting retained earnings and asset accumulation.
• No Compliance Issues: All filings are current with no overdue accounts or confirmation statements, indicating good governance and regulatory adherence.
• Stable Management: Directors have been in place since incorporation, suggesting operational continuity.

4. Due Diligence Notes:

• Review cash flow statements or bank balances to assess liquidity beyond balance sheet current assets.
• Investigate the nature of fixed assets (£61,978) to understand asset liquidity and potential depreciation risks.
• Assess the impact of rising staff costs on profitability and whether this is aligned with revenue growth.
• Confirm no related party transactions or contingent liabilities exist, given the small size and owner-managed nature.
• Verify the completeness and accuracy of contact information and email addresses listed on the website, as some emails appear inconsistent.