Company Number: 13455140

Analysis Date: 2025-07-20 18:15 UTC

1. Risk Rating: MEDIUM
   The company's financials show a notable decline in net current assets and net assets over the latest year, dropping from £36,160 in 2023 to £11,386 in 2024. While still positive, this reduction raises moderate concern regarding solvency and liquidity, especially given the micro-entity scale and limited financial buffer.

2. Key Concerns:

• Significant deterioration in net current assets and net assets within one year, suggesting potential cash flow or operational challenges.
• Increase in current liabilities from £6,284 in 2023 to £26,781 in 2024, which could pressure short-term liquidity.
• Limited scale of operations (micro-entity) with only 3 employees, which may constrain operational resilience and growth prospects.

3. Positive Indicators:

• The company remains active and compliant with filing deadlines, with no overdue accounts or confirmation statements.
• Positive net current assets and net assets indicate that, despite the decline, the company can currently meet its short-term obligations.
• No off-balance sheet liabilities disclosed, suggesting transparency and no hidden financial risks.

4. Due Diligence Notes:

• Investigate reasons behind the sharp increase in current liabilities and corresponding reduction in net assets during the latest financial year.
• Review cash flow statements and profit and loss accounts (if available) for insights into operational performance and underlying causes of financial changes.
• Confirm the nature of the company's contracts and revenue streams within the "Other food services" SIC classification to assess sustainability.
• Evaluate management capabilities and strategy, considering the small team size and potential impact on business continuity.