FREE BLUE LTD

Executive Summary

FREE BLUE LTD is a recently incorporated micro-entity operating in real estate management with a strong net current asset position and timely compliance filings. However, limited operational history, absence of employees, and concentrated ownership present risks that warrant careful monitoring and further due diligence. Overall, the company currently poses a low financial risk but remains an early-stage entity.

FREE BLUE LTD - Analysis Report

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.