Company Number: 13108987

Analysis Date: 2025-07-20 13:28 UTC

1. Risk Rating: LOW
   Gastroexpert Ltd demonstrates a positive net asset position with growing shareholders’ funds year on year and maintains compliance with filing deadlines. The company reports a stable net current asset position and no overdue statutory filings, indicating satisfactory operational and regulatory standing.

2. Key Concerns:

• Limited scale of operations: The company reports only one employee, which may indicate limited operational capacity and potential vulnerability to key person risk.
• Concentration of control: Two directors each own between 25-50% of shares and voting rights, which may limit governance diversity and impact decision-making dynamics.
• Micro-entity reporting: The financial information provided is minimal due to micro-entity exemptions, limiting detailed insights into profitability, cash flow, and contingent liabilities.

3. Positive Indicators:

• Consistent increase in shareholders’ funds from £41,218 in 2021 to £64,111 in 2024, signaling retained earnings or capital injections supporting solvency.
• Positive net current assets across all reported years, with a recent figure of £7,780 at January 2024, suggesting the company can meet short-term obligations.
• Up to date statutory filings, including accounts and confirmation statements, with no overdue returns or accounts, reflecting good regulatory compliance.

4. Due Diligence Notes:

• Obtain detailed profit and loss accounts and cash flow statements to assess operational profitability and liquidity dynamics beyond balance sheet items.
• Review the nature and valuation of fixed assets (£56,331 in 2024) to understand capital investment and potential asset liquidity.
• Assess risks associated with key personnel dependence given the small staff size and dual directorship by related individuals.
• Investigate any contingent liabilities or off-balance sheet commitments not disclosed in micro-entity filings.