Company Number: 14355811

Analysis Date: 2025-07-20 13:39 UTC

1. Risk Rating: LOW
   GRAFA LTD demonstrates a strong net asset position relative to its current liabilities, with no overdue filings and a clear ownership structure. The financials indicate adequate solvency and no immediate liquidity concerns typical for a micro-entity.

2. Key Concerns:

• Limited Financial Detail: Filleted accounts and absence of profit and loss data reduce insight into operational profitability and cash flow trends.
• Single Director and Shareholder: Concentration of control in one individual may pose governance risks and potential succession vulnerabilities.
• Declining Current Assets: The decrease in current assets from £84,752 in 2023 to £68,428 in 2024, coupled with reduced net assets, warrants monitoring for any emerging liquidity issues.

3. Positive Indicators:

• Strong Net Current Assets: £55,405 in 2024 indicates healthy short-term financial stability and ability to meet current obligations.
• No Overdue Filings: Accounts and confirmation statements are up to date, reflecting regulatory compliance and good governance practices.
• Stable Fixed Assets: Minimal but consistent fixed assets suggest a lean asset base appropriate for a specialised design activity company.

4. Due Diligence Notes:

• Request full accounts including profit and loss statements to assess operational profitability and cash flow stability.
• Investigate any related party transactions or loans that might not appear in micro-entity accounts.
• Review director background beyond corporate filings to evaluate governance and management capability.
• Monitor future filings for trends in asset/liability changes and any indications of financial stress.