Company Number: 13889785

Analysis Date: 2025-07-20 18:38 UTC

1. Risk Rating: LOW
   The company demonstrates a positive net asset position with net current assets increasing year-over-year. It is current with statutory filings and does not show any signs of financial distress or regulatory non-compliance.

2. Key Concerns:

• Limited Financial Data: Being a micro-entity, detailed profit and loss data is not publicly filed, limiting insight into profitability and cash flow.
• Small Scale of Operations: Asset base and working capital are modest, which could constrain operational flexibility or scalability.
• Single Director and Shareholder: Reliance on one individual for control and governance may increase risk related to management continuity or decision-making.

3. Positive Indicators:

• Improving Net Current Assets: Current assets increased from £14,385 to £22,271, while liabilities remain low, indicating improved liquidity.
• No Overdue Filings: Accounts and confirmation statements are up to date, suggesting good compliance and governance practices.
• Stable Shareholder Funds: Shareholders' funds have grown from £10,217 to £17,225 within two years, indicating retention or injection of capital.

4. Due Diligence Notes:

• Request access to management accounts or internal financial reports for a clearer view on profitability and cash flows.
• Verify the nature of current assets to assess liquidity quality (e.g., cash versus receivables or inventory).
• Assess the business model and operational plan given the SIC codes (vehicle maintenance and used car sales) for market positioning and sustainability.
• Confirm whether any related-party transactions exist, especially given the single controlling shareholder/director.
• Investigate any contingent liabilities, guarantees, or off-balance sheet exposures not presented in filleted accounts.