Company Number: 15087349

Analysis Date: 2025-07-29 14:58 UTC

1. Risk Rating: MEDIUM
   While the company is newly incorporated with a positive net asset position, it currently reports net current liabilities, suggesting short-term liquidity pressure. The small scale and limited financial history temper the risk assessment but warrant caution.

2. Key Concerns:

• Negative Net Current Assets: Current liabilities (£43,657) exceed current assets (£40,970) by £2,687, indicating potential short-term liquidity issues.
• Newly Established: Incorporated in August 2023, the company has a limited operational track record, making it difficult to assess ongoing profitability and operational stability.
• Small Share Capital and Limited Equity: Share capital is only £20 with shareholders’ funds of £23,043, which may constrain the company's ability to absorb financial shocks or fund growth.

3. Positive Indicators:

• Positive Net Assets: Total assets less current liabilities are £23,043, showing a positive equity base, which supports solvency.
• Compliance and Timely Filings: Accounts and confirmation statements are filed on time with no overdue filings, indicating good regulatory compliance and governance discipline.
• Ownership and Management Alignment: The sole director and 75-100% shareholder is the same individual, ensuring clear decision-making authority and control.

4. Due Diligence Notes:

• Review Cash Flow Projections: Investigate cash flow forecasts to understand how the company plans to address its negative working capital position and meet short-term obligations.
• Assess Revenue and Profitability Trends: Obtain management accounts or additional financial data beyond the abridged accounts to evaluate the sustainability of earnings.
• Examine Contractual Commitments and Debtor Quality: Verify the collectability of debtors (£19,827) and any contingent liabilities or contractual obligations not reflected in the balance sheet.