Company Number: 15398638

Analysis Date: 2025-07-20 11:02 UTC

1. Risk Rating: LOW
   The company is newly incorporated (January 2024), classified as a micro-entity with minimal assets and liabilities, and no overdue filings. The net asset position is positive, and there is no indication of financial distress or regulatory non-compliance. However, the scale and operating history are limited.

2. Key Concerns:

• Minimal financial scale: Current assets of £421 and net assets of £360 indicate a very small capital base, which may limit operational flexibility and ability to absorb shocks.
• No employees and no profit & loss information filed: The absence of employees and undisclosed profitability or revenue figures suggest the business is at an embryonic stage or not actively trading.
• Director turnover: One director resigned the same day as appointment, leaving sole leadership to one director who is also the controlling shareholder, which may raise governance concentration risks.

3. Positive Indicators:

• Compliance: No overdue accounts or confirmation statement filings, showing good regulatory compliance for a new company.
• Positive net current assets: Despite the small scale, current assets exceed current liabilities, indicating solvency at the balance sheet date.
• Clear ownership and control: The sole PSC owns 75-100% of shares and voting rights, simplifying decision-making and accountability.

4. Due Diligence Notes:

• Investigate the company’s business plan and trading status to understand operational viability, given the absence of employees and P&L data.
• Review director background and governance arrangements to assess management capability and oversight, especially given the single active director and sole shareholder structure.
• Monitor future filings and financial performance to detect any emerging liquidity or solvency issues as the business develops.