Company Number: OC447008

Analysis Date: 2025-07-20 14:21 UTC

1. Risk Rating: LOW
   Dillington House LLP presents a low risk profile based on the available data. The company is active and compliant with filing deadlines, has a positive net asset position, and shows no indications of financial distress or regulatory non-compliance.

2. Key Concerns:

• Limited Financial History: Incorporated in April 2023, the LLP’s financial data covers less than one full year, limiting trend analysis and assessment of operational sustainability.
• Related Party Concentration: Significant control and designated membership are concentrated among a small group of related entities and individuals, potentially raising governance and operational risk if conflicts arise.
• Lack of Profit and Loss Disclosure: The micro-entity exemption means no P&L or cash flow statement is provided, restricting insight into liquidity and operational profitability.

3. Positive Indicators:

• Strong Balance Sheet: Fixed assets of approximately £3.06 million and net current assets of £201k yield total net assets of £3.26 million, indicating a solid capital base relative to the LLP’s size.
• Compliance and Filing Status: All statutory accounts and confirmation statements are filed on time with no overdue filings or penalties noted.
• Stable Membership and Control: Designated members and persons with significant control are clearly identified and domiciled locally, supporting transparency and continuity.

4. Due Diligence Notes:

• Review underlying asset composition and valuation supporting the £3.06 million fixed assets to confirm realizable value and potential encumbrances.
• Obtain access to internal management accounts or cash flow forecasts to assess operational liquidity and sustainability beyond the limited statutory disclosures.
• Investigate the nature of transactions and relationships between the LLP and its related controlling members to evaluate potential conflicts or financial dependencies.
• Confirm no undisclosed contingent liabilities or off-balance-sheet obligations exist, given the limited disclosures in micro-entity financials.