Company Number: 15433481

Analysis Date: 2025-07-29 14:33 UTC

1. Risk Rating: HIGH
   Justification: The company is newly incorporated with minimal turnover (£1,624) and has reported a loss (-£1,386) in its first financial year. While it holds some net current assets (£3,040), there is a provision for liabilities (£1,216) which reduces net assets to £1,824. The limited financial history coupled with operational losses and provisions suggest elevated risk in solvency and operational stability.

2. Key Concerns:

• Operating Loss: The company reported a net loss of £1,386 after only one year of trading, indicating initial operational challenges or insufficient revenue generation.
• Provisions for Liabilities: The provision of £1,216 against net current assets raises questions about contingent liabilities or potential obligations that may impact future liquidity.
• Limited Financial Track Record: As a company incorporated in January 2024 with a single set of unaudited micro-entity accounts, there is insufficient historical data to assess trends or financial resilience.

3. Positive Indicators:

• Net Current Assets Positive: Despite losses, the company shows positive net current assets (£3,040), suggesting some short-term liquidity buffer.
• No Overdue Filings: Both accounts and confirmation statements are filed on time, indicating regulatory compliance and good governance practices.
• Experienced Directors: One director’s occupation as an accountant may contribute positively to financial oversight.

4. Due Diligence Notes:

• Investigate the nature and justification of the £1,216 provision for liabilities to understand potential future cash outflows.
• Review detailed operational plans and revenue projections given the low turnover and early loss position.
• Verify the background and financial capacity of the directors and shareholders, including their ability to fund or support the business if required.
• Monitor subsequent filings and accounts to detect any changes in financial health or filing compliance.