Company Number: 14809078

Analysis Date: 2025-07-29 20:52 UTC

1. Risk Rating: LOW
   The company shows positive net current assets, no overdue filings, and no indication of financial distress in its micro-entity accounts. The financial position has improved significantly in the latest year, reflecting a sound solvency profile for a start-up entity.

2. Key Concerns:

• Limited Financial History & Scale: Incorporated in April 2023, with only two years of minimal financial data, limiting assessment of operational sustainability.
• No Employees Reported: The absence of employees may reflect minimal operational activity or reliance on the single director/owner, which could pose an operational risk.
• Concentration of Control: A single individual (Mrs Silvia Croll) holds 75-100% ownership and voting rights, as well as director appointment power, which may increase governance risk through lack of independent oversight.

3. Positive Indicators:

• Improved Net Current Assets: Net current assets grew from £652 in 2023 to £9,984 in 2024, indicating improved liquidity and working capital.
• Compliance with Filings: No overdue accounts or confirmation statements, demonstrating regulatory compliance and governance awareness.
• Clear Director Accountability: The director, Silvia Zunino, is formally appointed and signed the latest accounts, showing adherence to statutory responsibilities.

4. Due Diligence Notes:

• Investigate the source and nature of current assets—whether cash, receivables, or other—to assess liquidity quality.
• Clarify business model and operational plans given zero employees and nature of real estate management activities.
• Review related party transactions and governance practices given single shareholder/director control to detect any conflicts or risks.
• Monitor future filings and trading performance to confirm sustainability beyond the start-up phase.