Company Number: 13546124

Analysis Date: 2025-07-29 19:00 UTC

1. Risk Rating: LOW
   Duckroo Ltd demonstrates a stable financial position relative to its micro-entity status, with positive net current assets and no overdue filings. The company has maintained consistent shareholder funds and net assets over recent periods, suggesting a low risk of insolvency or liquidity issues at this stage.

2. Key Concerns:

• Limited Scale and Asset Base: The company operates at a micro scale with current assets under £5,000 and net assets below £5,000, which implies limited financial flexibility and potential vulnerability to unexpected expenses or downturns.
• Short Operating History: Incorporated in 2021, the company has a short trading history, which limits the depth of financial performance data and makes long-term operational stability harder to assess.
• Unaudited Accounts: The accounts are unaudited, prepared under micro-entity provisions, which restricts transparency and independent verification of financial information.

3. Positive Indicators:

• Consistent Positive Working Capital: Net current assets have remained positive and relatively stable over the last several financial periods, indicating the company can meet short-term liabilities.
• Compliance with Filing Requirements: No overdue accounts or confirmation statements, showing good governance and regulatory compliance.
• Stable Ownership and Management: Directors and Persons with Significant Control are consistent, with clear control structure and no indications of director disqualifications or governance issues.

4. Due Diligence Notes:

• Review Financial Projections and Cash Flow: Given the small asset base, it is important to assess cash flow forecasts to ensure ongoing liquidity and operational sustainability.
• Examine Revenue and Profit Trends: The absence of detailed profit and loss data limits insight into operational performance; obtaining these details would clarify business viability.
• Investigate Market Position and Client Base: Understanding the company’s competitive environment and customer contracts would provide context for future stability and growth potential.
• Confirm Director Backgrounds: While no disqualifications are noted, a thorough check of director conduct records would be prudent given the company’s small scale and concentration of control.