Company Number: 15238879

Analysis Date: 2025-07-20 17:55 UTC

1. Risk Rating: MEDIUM
   The company is newly incorporated (October 2023) and therefore has limited operating history. While it currently shows positive net current assets and net assets, it also has significant long-term creditors which raise concerns about solvency. The micro-entity status limits the amount of financial detail available, restricting full assessment.

2. Key Concerns:

• Long-term liabilities: £49,500 creditors due after more than one year is substantial relative to net assets (£2,230), indicating potential solvency risk if cash flows do not improve.
• Limited operating history: Incorporated less than one year prior to latest accounts, so no track record to assess operational stability or revenue generation.
• Concentration of control: Single director and 75-100% share ownership by one individual may pose governance and continuity risks.

3. Positive Indicators:

• Net current assets positive (£18,251), suggesting short-term liquidity appears manageable at the balance sheet date.
• No overdue filings or compliance issues reported to date, indicating good regulatory adherence.
• Micro-entity accounting exemptions suggest the company is small and possibly low complexity, which may limit operational risks.

4. Due Diligence Notes:

• Clarify the nature and terms of the £49,500 long-term creditors, including repayment schedule and interest, to assess solvency implications.
• Obtain management accounts or cash flow forecasts to evaluate ongoing liquidity and operational sustainability.
• Investigate business model, customer base, and revenue generation given limited trading history.
• Review director background and related party transactions due to concentrated ownership and control.