Company Number: 15413336

Analysis Date: 2025-07-29 19:28 UTC

1. Risk Rating: LOW to MEDIUM
   Given the company’s recent incorporation (January 2024) and micro-entity status, the financial data available is limited but generally positive. The net current assets of £2,106 indicate a modest but positive working capital position. No overdue filings or liquidation issues are present. However, the limited trading history and small asset base introduce some uncertainty typical of new small businesses.

2. Key Concerns:

• Limited Financial History: Only one full financial year reported, making trend analysis and long-term viability assessment difficult.
• Modest Asset Base: Total net assets and working capital are low (£2,106), which may constrain the company’s ability to absorb unexpected costs or downturns.
• Change in Director and Ownership: The resignation of a director and change in controlling shareholder within the first year warrants review for governance stability and strategic direction.

3. Positive Indicators:

• Positive Net Current Assets: The company shows a positive working capital position, suggesting it can meet short-term obligations.
• Compliance: All statutory filings (accounts and confirmation statements) are up to date with no overdue issues or penalties.
• Clear Ownership Structure: Control is consolidated under a single individual with majority shareholding, which may facilitate decisive management.

4. Due Diligence Notes:

• Review the reasons and implications behind the director resignation and shareholder control change in April 2025.
• Obtain management accounts or cash flow forecasts to assess liquidity beyond the snapshot provided in the annual accounts.
• Investigate the business plan and revenue projections given the early stage of operations to evaluate sustainability and growth prospects.
• Confirm no hidden liabilities or contingent risks not captured in the micro-entity accounts.