Company Number: 13625646

Analysis Date: 2025-07-29 19:54 UTC

1. Risk Rating: MEDIUM
   The company shows positive net assets and shareholder funds, indicating solvency on paper, but the high level of long-term creditors relative to assets suggests leverage risk. The modest net current assets provide limited liquidity buffer.

2. Key Concerns:

• High Long-Term Creditors: £405,258 of liabilities due after more than one year against fixed assets of £464,070 indicates significant gearing and potential refinancing risk.
• Low Current Assets: Current assets (£5,001 debtors) barely exceed current liabilities (£1,750), leaving minimal working capital and potential short-term liquidity vulnerability.
• Limited Operational Data: Absence of income statement and profit/loss details restricts assessment of profitability and operational cash flow, impeding a full sustainability evaluation.

3. Positive Indicators:

• Growing Net Assets: Net assets increased from £12,821 in 2022 to £62,063 in 2023, reflecting an improving equity position.
• No Overdue Filings: Accounts and confirmation statements are up to date, showing regulatory compliance and good governance.
• Tangible Fixed Assets: Ownership of property assets provides a substantial asset base which can support borrowing or sale if needed.

4. Due Diligence Notes:

• Obtain detailed profit and loss statements and cash flow reports to evaluate operational performance and cash generation.
• Clarify the nature and terms of the long-term creditors to assess repayment schedules, interest obligations, and refinancing risks.
• Review director background and any PSC disclosures for governance and control transparency.
• Verify if there are any contingent liabilities or off-balance sheet obligations not reflected in the accounts.
• Confirm the valuation method for tangible fixed assets and any impairments or revaluations.