Company Number: SC715551

Analysis Date: 2025-07-29 20:52 UTC

1. Risk Rating: LOW
   The company demonstrates a strong net asset position and positive working capital with no overdue filings or indications of financial distress. The micro-entity status and recent incorporation reduce complexity but also limit historical data for deeper trend analysis.

2. Key Concerns:

• Limited operating history since incorporation in late 2021, restricting visibility on long-term operational stability and profitability.
• Minimal share capital (£500) could constrain capital flexibility for growth or absorbing shocks.
• Change in directors in November 2023 may indicate internal restructuring; the impact on governance and strategy should be monitored.

3. Positive Indicators:

• Healthy net current assets of £1,242,260 as of November 2023, significantly exceeding current liabilities, signaling strong short-term liquidity.
• No reported creditors falling due within one year except a small amount (£1,768), indicating low short-term debt burden.
• Accounts and confirmation statements are filed on time with no overdue submissions, reflecting sound regulatory compliance.
• Ownership control is clearly defined, with a corporate entity holding majority shares and voting rights, suggesting stable control structure.

4. Due Diligence Notes:

• Investigate the nature and sustainability of the current asset base, especially the composition of the £1.24m current assets to assess liquidity quality (e.g., cash vs. receivables or inventory).
• Review recent changes in directorship and any related governance or strategic implications.
• Obtain profit and loss data or management accounts since the micro-entity exemption omits P&L filings, to evaluate profitability and cash flow trends.
• Confirm any contingent liabilities or off-balance sheet risks not disclosed in the micro-entity accounts.