Company Number: 14409253

Analysis Date: 2025-07-29 15:41 UTC

1. Risk Rating: MEDIUM
   The company shows some recovery in net assets compared to the prior year but continues to have significant working capital deficits and outstanding liabilities. Its micro-entity status limits transparency and detail, increasing risk assessment uncertainty.

2. Key Concerns:

• Negative Net Current Assets: The company has a working capital deficit of £15,079 as of the latest accounts, indicating potential liquidity strain to meet short-term obligations.
• Long-term Liabilities: The introduction of £8,050 in creditors falling due after one year raises solvency concerns, especially given the modest overall net assets of £3,218.
• Limited Financial History and Scale: Incorporated recently (Oct 2022), the company’s brief trading history and micro-entity reporting reduce visibility on operational stability and profitability trends.

3. Positive Indicators:

• Improved Net Asset Position: Net assets improved from a negative £17,174 in 2023 to a positive £3,218 in 2024, showing some financial recovery.
• No Overdue Filings: Accounts and confirmation statements are up to date, indicating compliance with regulatory requirements.
• Stable Directorship and Ownership: Directors and significant controllers have been consistent since incorporation, suggesting stable governance.

4. Due Diligence Notes:

• Assess the company’s cash flow generation and creditor payment track record to understand liquidity management.
• Investigate the nature and terms of the long-term liabilities (£8,050) to evaluate solvency risk.
• Review any management accounts or internal financial reports, if available, for updated operational performance beyond the limited statutory accounts.
• Confirm no director disqualifications or adverse regulatory actions affecting the directors or company.