Company Number: 15556617

Analysis Date: 2025-07-29 13:44 UTC

1. Risk Rating: MEDIUM
   The company is newly incorporated (March 2024) and operates as a micro-entity with minimal net assets (£100). Current liabilities slightly exceed current assets, indicating tight working capital. While there is no overdue filing or evidence of regulatory non-compliance, the limited financial history and minimal equity pose moderate solvency and liquidity risks.

2. Key Concerns:

• Negative net current assets (£1,382): Current liabilities (£10,422) exceed current assets (£9,040), suggesting short-term liquidity pressure.
• Minimal net assets and equity (£100): Very low capital base limits financial buffer against operational or market shocks.
• New company with limited financial track record: Lack of historical performance data increases uncertainty around sustainability and operational stability.

3. Positive Indicators:

• No overdue filings: Accounts and confirmation statement are filed on time indicating compliance with regulatory requirements.
• Single director and controlling shareholder: Clear governance structure with Emma Cartledge owning 75-100% shares and voting rights, which may facilitate swift decision-making.
• Micro-entity status: Benefits from simplified reporting requirements reducing administrative burden and costs.

4. Due Diligence Notes:

• Investigate the nature and terms of current liabilities to assess repayment risk and cash flow timing.
• Review business plan or strategic outlook to understand revenue generation and operational sustainability.
• Confirm whether the company has any external financing or has received shareholder loans that might not be reflected in net asset figures.
• Monitor future filings to assess growth trajectory and any changes in financial position.