DUMPLINGS STAR LIMITED

Executive Summary

Dumplings Star Limited presents a low insolvency risk profile with positive net assets and adequate liquidity as of January 2024. The company maintains good compliance with filing requirements, though limited turnover data and recent director changes warrant further review. Overall, the business appears financially stable but small scale and governance factors should be monitored.

DUMPLINGS STAR LIMITED - Analysis Report

Company Number: 13141062

Analysis Date: 2025-07-29 21:13 UTC

1. Risk Rating: LOW
   Dumplings Star Limited shows a positive net asset position with increasing net current assets and no overdue filings. The company has maintained solvency and liquidity with net assets rising from £44,966 in 2023 to £50,044 in 2024.

2. Key Concerns:

• Declining turnover growth: Turnover increased significantly from £39k in 2021 to £140k in 2023, but the latest turnover figure for 2024 is not provided, limiting full assessment of revenue sustainability.
• Director turnover: There have been multiple director changes within a short period, which may indicate some governance or operational instability.
• Limited size and scope: As a micro-entity with a small employee base (5-6), the company may face scalability and market risk typical of small catering businesses.

3. Positive Indicators:

• Solid liquidity position: Current assets (£36,623) comfortably exceed current liabilities (£20,240), yielding net current assets of £16,383.
• Positive net assets and shareholder funds: £50,044 net assets demonstrate the company remains solvent with equity backing.
• Compliance: No overdue accounts or confirmation statements, indicating good regulatory compliance and governance standards.

4. Due Diligence Notes:

• Obtain updated turnover and profit figures for the 2023-24 period to assess revenue trends and profitability.
• Investigate reasons for director resignations and appointments to understand governance dynamics.
• Review cash flow statements if available to confirm liquidity beyond balance sheet snapshot.
• Assess operational resilience, given the small workforce and niche catering sector exposure.