Company Number: 13841459

Analysis Date: 2025-07-20 14:50 UTC

1. Risk Rating: MEDIUM
   The company shows a significant decline in net assets and current assets between 2023 and 2024, which may indicate emerging liquidity or operational challenges. However, it remains solvent with positive net assets and no overdue filings.

2. Key Concerns:

• Sharp reduction in current assets from £5,898 in 2023 to £1,357 in 2024, which could signal weakening liquidity or declining receivables.
• Decrease in net assets from £4,040 in 2023 to £1,047 in 2024, suggesting erosion of capital or profitability issues.
• Limited scale of operations with only one employee and micro-entity status, which may impact business resilience and growth potential.

3. Positive Indicators:

• The company remains active and compliant with all filing deadlines, indicating good regulatory standing and governance.
• Positive net current assets (£667) and net assets (£1,047) as of 2024 demonstrate solvency and ability to meet short-term obligations.
• Ownership and control are clearly defined with two PSCs holding majority shares and director rights, implying stable management structure.

4. Due Diligence Notes:

• Investigate the cause of the significant decline in current assets and net assets between 2023 and 2024 to understand operational or market pressures.
• Review cash flow statements and debtor aging to assess liquidity risk and working capital management.
• Assess the business model sustainability given the micro size and single employee count, including any reliance on key individuals.
• Confirm no contingent liabilities or pending legal/regulatory issues that could affect financial stability.