Company Number: 13852689

Analysis Date: 2025-07-29 17:16 UTC

1. Risk Rating: LOW

The company presents a low risk profile based on the available financial and compliance data. The firm is solvent with positive net assets and net current assets, and it is up to date with all statutory filings. However, the limited scale of operations and lack of employees warrant ongoing monitoring.

2. Key Concerns:

• Limited Operating Scale: The company reports no employees and minimal current assets (£17,975), indicating a very small operational footprint which may limit business resilience.
• Declining Net Assets: Net assets decreased from £16,049 (2023) to £13,465 (2024), a 16% reduction, which could reflect reduced retained earnings or losses.
• Concentration of Control: Both directors hold significant equal control (25-50% shares and voting rights), which may concentrate decision-making and operational risk.

3. Positive Indicators:

• Solvency Position: The company maintains positive net current assets (£14,905) and net assets (£13,465), indicating the ability to meet short-term and long-term liabilities.
• Compliance: All required accounts and confirmation statements are filed on time with no overdue filings, demonstrating good regulatory adherence.
• No Audit Requirement: The company qualifies as a micro-entity with exemption from audit, consistent with its small size and simple financial structure.

4. Due Diligence Notes:

• Confirm the nature and stability of revenue streams given the small asset base and lack of employees.
• Investigate the reason for the decline in net assets to assess whether this is due to operational losses or other factors.
• Review directors' backgrounds and governance practices due to concentrated ownership and control.
• Clarify business activities under SIC code 47190 to understand market positioning and growth prospects.
• Examine cash flow statements (not provided) to assess liquidity beyond balance sheet snapshots.