Company Number: 15020366

Analysis Date: 2025-07-29 20:31 UTC

1. Risk Rating: LOW
   The company is newly incorporated (July 2023) but presents a positive net asset position (£17,018) with net current assets of £12,429, indicating a comfortable working capital surplus. There are no overdue filings, and the company is active and compliant with statutory requirements. The sole director holds full control, simplifying governance.

2. Key Concerns:

• Limited operating history: With just over one year of operations, there is minimal financial track record to assess sustainability or growth prospects.
• Modest scale and capitalization: Share capital is only £1, and fixed assets and liabilities are relatively small, which may limit the company’s ability to withstand financial shocks or scale quickly.
• Concentration risk: Single director and sole shareholder structure may pose governance risks or lack of oversight.

3. Positive Indicators:

• Healthy liquidity: Cash balance equals current assets at £29,421, which covers current liabilities of £16,992 comfortably.
• No overdue accounts or confirmation statements: Indicates good regulatory compliance and governance discipline.
• Positive net assets and shareholders’ funds: £17,018 net assets reflect initial capital plus retained earnings or reserves, showing early financial stability.

4. Due Diligence Notes:

• Investigate the nature and reliability of revenue streams and business model sustainability within the “Other food services” sector.
• Review cash flow patterns and customer base concentration to assess liquidity risk over coming periods.
• Confirm whether the director’s related party transactions exist given the sole control, and assess any contingent liabilities not disclosed.
• Evaluate plans for capital injection or financing as the company grows beyond micro entity thresholds.