Company Number: 15219259

Analysis Date: 2025-07-29 12:56 UTC

1. Risk Rating: LOW
   Forever AI Limited is a newly incorporated company (October 2023) with its first set of accounts filed timely and showing a positive net asset position and retained earnings. There are no overdue filings or indications of regulatory non-compliance. The company maintains positive net current assets and shareholders’ funds, suggesting initial financial stability.

2. Key Concerns:

• Limited Operating History: The company has only one financial year of data, limiting the ability to assess operational sustainability and long-term financial performance.
• Modest Working Capital: While net current assets are positive (£10,966), the current liabilities (£22,942) relative to cash (£33,346) and debtors (£562) are modest, indicating limited liquidity buffer if unexpected demands arise.
• Director’s Loan Account: There is a £1,000 director’s loan payable after one year which, while small, should be monitored to ensure it does not increase or affect cash flow.

3. Positive Indicators:

• Positive Net Assets and Retained Earnings: The company reports net assets of £9,966 and retained earnings of £9,866, indicating profitability in its first period.
• Timely Compliance: Accounts and confirmation statements are up to date with no overdue filings, reflecting good governance and regulatory compliance.
• Single Shareholder Control: Miss Vera Lucia Almeida Azevedo controls 75-100% of shares and voting rights, providing clear and stable ownership and decision-making structure.
• Adequate Cash Position: Cash at bank of £33,346 exceeds current liabilities of £22,942, indicating the company has sufficient liquid assets to meet short-term obligations.

4. Due Diligence Notes:

• Investigate the company’s business model, revenue streams, and client base given the limited history and the SIC code classification as an advertising agency.
• Review the director's loan account for any changes, terms, and potential impact on solvency or cash flow.
• Monitor future financial filings for growth trends, profitability sustainability, and any increase in liabilities or delayed payments.
• Confirm the absence of any contingent liabilities or off-balance sheet commitments not disclosed in the accounts.
• Assess the impact of the company’s size exemption on financial statement disclosures to ensure no critical information is omitted.