Company Number: 13880891

Analysis Date: 2025-07-20 12:48 UTC

1. Risk Rating: MEDIUM
   The company has demonstrated a positive turnaround in net assets from a negative £48 in 2023 to a positive £4,759 in 2024, indicating improving solvency. However, the very small scale of net assets and modest working capital buffer suggest limited financial resilience. The micro-entity status and limited fixed assets also constrain strength. No overdue filings or governance concerns are evident.

2. Key Concerns:

• Thin liquidity position: Current assets marginally exceed current liabilities by only £661, which may limit flexibility to meet short-term obligations if cash flow tightens.
• Limited asset base: Fixed assets are minimal (£5,391), indicating limited collateral or capital investment to support operations or borrowing capacity.
• Early stage business risks: Founded in 2022 with only 3 employees, the company faces typical startup operational risks and a short track record, which may impact stability.

3. Positive Indicators:

• Improved solvency: Net assets have improved from negative to positive year-on-year, reflecting better financial management or profitability.
• No overdue filings: All statutory accounts and confirmation statements are up to date, indicating good compliance and governance discipline.
• Clear ownership and control: Single director and 75-100% shareholding by Mr. Mark William Cooper provides clear accountability and decision-making streamline.

4. Due Diligence Notes:

• Review the profit and loss account to understand the drivers behind the turnaround in net assets and whether profitability is sustainable.
• Assess cash flow statements for liquidity trends and ability to cover current liabilities without external funding.
• Investigate the nature of creditors and payment terms to gauge any supplier or creditor pressure.
• Confirm the completeness of fixed assets and intangible assets, if any, to evaluate asset quality.
• Explore contracts or customer base stability given the company’s young age and niche cleaning industry focus.