Company Number: 14153499

Analysis Date: 2025-07-29 19:21 UTC

1. Risk Rating: LOW
   KongDay Ltd demonstrates a solid net asset position relative to its size, with positive net current assets and shareholders’ funds increasing significantly in the most recent financial year. The company is compliant with filing deadlines and operates within a low-risk micro-entity reporting framework.

2. Key Concerns:

• Limited scale and operational data: As a micro-entity with only one employee, the company’s operational sustainability and growth prospects cannot be fully assessed.
• Lack of audit and limited disclosures: Exemption from audit reduces transparency, which may obscure underlying risks or financial irregularities.
• Concentration risk: Ownership and management appear to be concentrated under a single director, which could pose governance and continuity risks.

3. Positive Indicators:

• Strong liquidity position: Current assets exceed current liabilities by a significant margin (£81,308 vs. £13,628), indicating good short-term financial health.
• Growth in net assets: Shareholders’ funds more than doubled from £31,576 in 2023 to £73,776 in 2024, suggesting profitable operations or capital injections.
• Current filings are up to date: No overdue accounts or confirmation statements, reflecting good compliance and governance discipline.

4. Due Diligence Notes:

• Review detailed income and cash flow statements (not provided) to confirm profitability and cash generation capability.
• Investigate the nature and source of the increase in shareholders’ funds to determine if growth is operational or due to external investments.
• Assess dependence on the sole director, including plans for succession and internal controls.
• Verify any related party transactions or off-balance sheet liabilities, given the limited disclosure.