Company Number: 12751810

Analysis Date: 2025-07-20 18:44 UTC

1. Risk Rating: MEDIUM

   Justification: The company shows positive net assets and net current assets, indicating solvency. However, the presence of a significant director loan balance and fluctuations in current liabilities raise some liquidity and operational concerns. The company’s small scale and lack of employees also suggest limited operational capacity, which may affect sustainability.

2. Key Concerns:

   • Director Loans: The company has a substantial interest-free director loan (£41,528) repayable on demand, which could be a liquidity risk if repayment is demanded unexpectedly.
   • Fluctuating Current Liabilities: The current liabilities shifted from a small positive figure in 2023 (£3,586) to a negative figure in 2024 (£-26,095), indicating possible timing or classification issues that need clarification.
   • No Employees Reported: The average number of employees is zero, which raises questions about operational continuity and how the company delivers its staffing services.

3. Positive Indicators:

   • Strong Net Assets Position: Net assets increased from £86,528 in 2023 to £88,109 in 2024, showing growth and solvency.
   • Healthy Cash Balance: Cash stood at £47,740 at the 2024 year-end, supporting liquidity.
   • Timely Filing Compliance: Both accounts and confirmation statements are filed on time with no overdue filings, indicating good regulatory compliance.
   • Single Shareholder Control: The 75-100% ownership by the director provides clear control and accountability.

4. Due Diligence Notes:

   • Clarify Current Liabilities: Investigate the nature and reason behind the negative current liabilities figure in 2024 compared to 2023 to ensure correct classification and no hidden risks.
   • Director Loan Terms: Confirm the terms and repayment schedule of the director loan and assess the risk of potential calls on this balance.
   • Operational Model: Understand how the company operates with no employees and assess the sustainability and scalability of the business model.
   • Revenue and Profitability: Request detailed profit and loss information since current data lacks turnover, expenses, and profit figures.
   • Customer and Contract Stability: Review client base and contracts to evaluate revenue stability in the education staffing sector.