Company Number: 15087080

Analysis Date: 2025-07-29 19:50 UTC

1. Risk Rating: MEDIUM
   The company is newly incorporated (August 2023) and classified as a micro-entity with limited financial history. Its net assets are very low (£442), indicating a thin equity base, which may pose solvency concerns. However, there are no overdue filings or signs of distress at present.

2. Key Concerns:

• Minimal equity capital (£442) relative to fixed assets and liabilities, suggesting potential vulnerability if operating losses occur.
• Current assets (£4,820) are less than current liabilities (£15,328), indicating negative net current assets and possible liquidity constraints.
• Very limited operating history (7 months in first accounting period) restricts ability to assess business sustainability or cash flow patterns.

3. Positive Indicators:

• The company is compliant with statutory filing requirements; neither accounts nor confirmation statements are overdue.
• Directors are clearly identified with significant control disclosed, indicating transparency in governance.
• No off-balance sheet liabilities or employee concerns noted; a small workforce (2 employees) aligns with micro-entity status and manageable operational scale.

4. Due Diligence Notes:

• Investigate the nature and terms of creditors falling due after more than one year (£15,328) to understand long-term obligations and repayment schedule.
• Review cash flow forecasts and management plans to assess how liquidity deficits will be addressed, especially in the early operating phase.
• Conduct background checks on directors for prior business experience and track record in the construction or related sectors.
• Obtain more detailed operational and revenue data to evaluate business model viability and growth prospects.