Company Number: 13869182

Analysis Date: 2025-07-20 13:29 UTC

1. Risk Rating: LOW
   The company shows a stable financial position with positive net assets and no current liabilities, supported by timely filings and compliance. As a recently incorporated micro-entity with minimal liabilities and positive shareholders' funds, immediate solvency and liquidity risks appear low.

2. Key Concerns:

• Limited Scale and Operating History: Incorporated in 2022, the company has a short operational track record and limited financial data, which restricts the depth of financial analysis.
• Minimal Current Assets: Current assets are low (£100 in 2024), which could constrain operational liquidity if unexpected expenses arise, though current liabilities are zero.
• Single Director and Shareholder Concentration: Control is concentrated with one individual, which may pose governance or succession risks, though this is common in micro-entities.

3. Positive Indicators:

• No Overdue Filings: Both accounts and confirmation statements are filed on time, evidencing regulatory compliance and good governance practices.
• Positive Net Assets and Working Capital: Net assets increased slightly from £2,080 in 2023 to £2,100 in 2024, with net current assets positive and no creditors recorded.
• Clear Ownership and Control: PSC information is transparent, with a known director who also owns the majority of shares.
• Industry Focus: Operating in freight transport by road and inland water freight, sectors that can provide steady demand, though further operational data is needed.

4. Due Diligence Notes:

• Verify Operational Activity: Confirm actual trading activity and revenue generation beyond asset balances, given the micro-entity status and minimal current assets.
• Assess Cash Flow and Profitability: Request detailed management accounts or cash flow statements to understand liquidity beyond snapshot balance sheet data.
• Review Director Background: Conduct background checks on the sole director for any undisclosed risks or regulatory issues.
• Understand Business Model and Contracts: Assess the company’s client base, contracts, and operational scalability to gauge sustainability and growth potential.