Company Number: 13537517

Analysis Date: 2025-07-20 16:40 UTC

1. Risk Rating: LOW
   GS&S LTD demonstrates a stable financial position with positive net current assets increasing year-over-year and no overdue filings. The company operates within micro-entity reporting standards, showing modest but consistent growth in net assets and shareholders' funds.

2. Key Concerns:

• Limited scale and scope: As a micro-entity with only one employee, the business may have limited operational capacity and resilience to market shocks.
• Concentrated ownership and control: The sole director and 75-100% shareholder could pose governance risks, including lack of oversight or succession planning.
• Absence of profit and loss data: The P&L account has not been filed, limiting insight into profitability, revenue trends, and expense management.

3. Positive Indicators:

• Healthy working capital: Net current assets increased from £2,166 in 2021 to £6,629 in 2024, indicating good short-term liquidity relative to current liabilities.
• Up-to-date statutory compliance: No overdue accounts or confirmation statements, suggesting sound administrative and regulatory adherence.
• Consistent director presence: Same director since incorporation, providing continuity in leadership.

4. Due Diligence Notes:

• Obtain and review full profit and loss information to assess operational profitability and cash flow dynamics.
• Investigate customer concentration and contract stability given the niche freight transport sector and small company size.
• Assess the director’s background and governance practices given sole control and ownership.
• Verify any contingent liabilities or off-balance sheet risks not evident in the micro-entity accounts.