Company Number: SC779218

Analysis Date: 2025-07-19 13:04 UTC

1. Risk Rating: LOW
   The company is newly incorporated in August 2023 and has filed timely accounts and confirmation statements to date. The financials indicate positive net current assets and shareholders’ funds, with no overdue filings or indications of financial distress. Operationally, the business appears stable with four employees and a sole director with full control.

2. Key Concerns:

• Limited operating history: Being less than two years old, the company’s future performance and sustainability cannot yet be fully assessed.
• Small scale: Current assets and equity are modest (£8,148 and £3,129 respectively), which may limit resilience to financial shocks or rapid expansion needs.
• Lack of audit and detailed profit & loss disclosure: While exempt under small company rules, absence of audited accounts and limited financial detail reduces transparency for investors.

3. Positive Indicators:

• Positive working capital position (£3,129), indicating current liabilities are covered by current assets.
• No overdue statutory filings, demonstrating compliance with regulatory requirements.
• Clear ownership and control structure with a single experienced director who is also the sole significant owner.
• Operating in a straightforward retail SIC code (take-away food shops), suggesting a simple business model.

4. Due Diligence Notes:

• Review detailed management accounts and cash flow forecasts to assess liquidity beyond the balance sheet snapshot.
• Confirm the nature and sustainability of profits contributing to the £3,029 retained earnings.
• Investigate lease and other contractual obligations not disclosed in summary accounts.
• Assess director background and reputation given sole control, including any off-balance sheet risks.
• Evaluate market conditions and competitive positioning within the takeaway food sector locally.