FULLY LOADED POOLE LTD

Executive Summary

Fully Loaded Poole Ltd is a very young micro-entity with current statutory filings and a positive net working capital position, indicating initial financial stability. However, the minimal net asset base and limited track record warrant cautious monitoring. Further investigation into operational performance and governance, especially director changes, is recommended before investment consideration.

FULLY LOADED POOLE LTD - Analysis Report

Company Number: 15054436

Analysis Date: 2025-07-20 13:00 UTC

1. Risk Rating: LOW
   The company is very recently incorporated and classified as a micro-entity with modest assets and liabilities. Its filings are current, and it shows a positive net current asset position, indicating an ability to meet short-term obligations.

2. Key Concerns:

• Limited Operating History: Incorporated in August 2023, the company has less than two years of operational data, which limits financial trend analysis.
• Low Net Assets: Net assets stand at only £606, a minimal equity buffer suggesting limited financial resilience to absorb shocks.
• Director Turnover: One director resigned within the first year; high director turnover in a small company may signal internal instability or governance concerns.

3. Positive Indicators:

• Current Filings Up to Date: No overdue accounts or confirmation statements, indicating compliance with statutory requirements.
• Positive Net Current Assets: Working capital of £1,838 suggests the company can cover short-term liabilities with current assets.
• Single Controlling Shareholder: Mrs. Alanna Suzanne Whiffen owns 75-100% of shares and voting rights, potentially allowing for swift decision-making and consistent strategic direction.

4. Due Diligence Notes:

• Cash Flow Analysis: Obtain detailed cash flow statements to confirm liquidity beyond balance sheet snapshots.
• Director Backgrounds: Investigate reasons for the director resignation and any related governance issues.
• Business Model and Market Position: As an unlicensed restaurant/café, further inquiry into revenue streams, customer base, and competitive positioning is advisable.
• Future Funding Plans: Understand capital injection intentions given the low equity base and early stage of the company.