Company Number: 14358510

Analysis Date: 2025-07-29 18:26 UTC

1. Risk Rating: LOW
   Darlingburn Ltd demonstrates solid net current assets and positive net asset values over three consecutive years. The company is micro-sized with no overdue filings and no indication of financial distress or governance issues. The directors appear stable and compliant.

2. Key Concerns:

• Very minimal fixed assets (£198 in 2024), suggesting limited tangible capital base.
• No employees reported, implying operational reliance on directors or outsourcing, which may limit scalability or operational resilience.
• Share capital is nominal (£18), which is typical for micro entities but indicates limited initial equity funding.

3. Positive Indicators:

• Consistent positive net current assets (£21,481 in 2024) indicating good short-term liquidity.
• Net assets remain positive and stable around £21k-£23k, showing no erosion of equity.
• Filing deadlines are current with no overdue accounts or confirmation statements, reflecting good regulatory compliance.
• Directors have relevant management consultancy experience and are also the persons with significant control, implying engaged governance.

4. Due Diligence Notes:

• Investigate the nature of current assets (£37,957 in 2024) to assess liquidity quality (cash vs receivables vs stock).
• Clarify operational model given zero employees and very low fixed assets—confirm revenue streams and sustainability.
• Review cash flow statements or management accounts if available to evaluate ongoing cash generation and working capital management.
• Assess potential related party transactions or director loans, common in micro entities with minimal capital.
• Confirm absence of contingent liabilities or off-balance sheet risks beyond those disclosed.