Company Number: 13174279

Analysis Date: 2025-07-29 12:58 UTC

1. Risk Rating: MEDIUM
   The company shows a very low net asset base (£8,817) against significant long-term liabilities (£355,249), indicating potential solvency pressure. However, it is current on filings and is not in liquidation or distress. The micro-entity status and limited financial disclosure restrict a deeper assessment but highlight a cautious stance.

2. Key Concerns:

• Solvency Risk: The liabilities due after more than one year (£355,249) nearly match the total assets (£364,066), leaving a very thin equity buffer which could be eroded by adverse events.
• Liquidity Concerns: While net current assets are positive (£21,076), current liabilities are low (£2,580), so short-term liquidity appears adequate but is limited. The company’s cash or equivalents level is not explicitly clear, raising questions about immediate cash flow flexibility.
• Operational Stability: There are zero employees reported, implying the company may be asset-holding or investment-focused rather than operationally active, which can be a risk if income generation relies solely on external factors like property rents or fees.

3. Positive Indicators:

• Compliance: All statutory filings (accounts and confirmation statements) are up to date with no overdue filings or penalties.
• Asset Base: The company holds substantial fixed assets (£342,990), likely real estate given the SIC codes, indicating tangible backing to its balance sheet.
• Ownership and Governance: Two directors with equal significant control (25-50%) suggests stable governance with clear accountability.

4. Due Diligence Notes:

• Investigate the nature and terms of the long-term liabilities (creditors falling due after more than one year) to understand repayment schedules and covenants.
• Clarify the company’s cash flow generation sources given zero employees and limited current assets; review any rental income or management fees from real estate holdings.
• Assess the quality and valuation basis of fixed assets to confirm they are realizable at stated amounts and not impaired.
• Confirm if any contingent liabilities or off-balance sheet risks exist, especially related to real estate management.
• Review directors’ background for any potential red flags despite no disqualifications noted.