Company Number: 13482409

Analysis Date: 2025-07-20 19:07 UTC

1. Risk Rating: HIGH
   The company exhibits significant solvency concerns due to persistent net current liabilities and a lack of current assets as of the latest financial year.

2. Key Concerns:

• Negative Working Capital: The company has current liabilities exceeding current assets by £3,536 at the year end 2024, indicating potential difficulties in meeting short-term obligations.
• Zero Current Assets in Latest Year: The total absence of current assets in the latest accounts raises immediate liquidity concerns and suggests minimal cash or receivables available to cover liabilities.
• Minimal Scale and Operational Data: Being a micro-entity with only one employee and limited financial data, the business scale appears very small, which may impact operational sustainability and ability to absorb financial shocks.

3. Positive Indicators:

• No Overdue Filings: Both accounts and confirmation statements are filed on time, indicating good regulatory compliance and governance discipline.
• Single Controlling Shareholder/Director: The sole director and 75-100% shareholder is clearly identified with no recorded disqualifications, which may simplify decision-making and accountability.
• Consistent Reporting: The company has maintained consistent annual reporting since incorporation in 2021, showing ongoing compliance.

4. Due Diligence Notes:

• Investigate the nature of current liabilities to assess whether they are trade creditors, tax obligations, or other debts and their payment terms.
• Clarify how the company manages cash flow given zero current assets reported in 2024, and whether there are off-balance sheet arrangements or intercompany transactions not reflected here.
• Review turnover, profitability, and any additional financial metrics not disclosed in these micro-entity accounts to better understand operational viability.
• Confirm whether the business is currently trading or dormant, and whether there are plans or indications of financial restructuring or capital injection.
• Assess the market position and competitive environment within the motor vehicle maintenance and repair sector (SIC 45200) relevant to this company.