Company Number: 13350448

Analysis Date: 2025-07-20 16:19 UTC

1. Risk Rating: LOW
   Fox & Wood Ltd demonstrates a solid financial position with strong net current assets relative to current liabilities, no overdue filings, and clear compliance with regulatory requirements. The company’s financials show growth in net assets and maintain positive working capital, indicating low solvency and liquidity risk.

2. Key Concerns:

• Absence of employees: The company reported zero employees on average during the year, which could imply reliance on directors or contractors, potentially affecting operational scalability or sustainability.
• Small fixed asset base: Fixed assets remain nominal (£200 at year-end 2024), which might indicate limited physical or long-term capital investment, possibly impacting operational capacity or growth potential.
• Limited history and scale: Incorporated in 2021 and classified as a micro-entity, the company is relatively young and small, which typically entails higher business risk due to limited operational track record.

3. Positive Indicators:

• Strong liquidity position: Current assets (£418,435) significantly exceed current liabilities (£104,928), resulting in a healthy net current asset position (£313,507).
• Increasing shareholders funds: Equity has grown substantially from £149,533 (2023) to £313,707 (2024), reflecting retained earnings or capital injections enhancing financial stability.
• Compliance and governance: All statutory filings (accounts and confirmation statements) are up to date with no overdue reports, indicating good regulatory compliance and governance standards.

4. Due Diligence Notes:

• Investigate the nature and source of current assets to confirm their liquidity and valuation, ensuring the reported figures accurately reflect realizable value.
• Clarify business model and operational structure given no employees reported, to assess sustainability and capacity for growth or risk exposure.
• Review director background and involvement, especially given the recent appointment of a second director in 2024, to understand governance and decision-making dynamics.
• Confirm the absence of any contingent liabilities or off-balance sheet risks not visible from the micro-entity accounts.