Company Number: 15152613

Analysis Date: 2025-07-29 16:44 UTC

1. Risk Rating: LOW

The company is newly incorporated (2023-09-21) and has filed timely accounts and confirmation statements with no overdue filings. Financially, it shows positive net current assets and net assets, indicating an ability to meet short-term liabilities. The small scale and limited liabilities reduce complexity and risk.

2. Key Concerns:

• Limited Operating History: Being only one year old, the company lacks a track record, which increases uncertainty in business sustainability and revenue generation.
• Low Cash Balance: Cash on hand is modest (£2,914), which may be tight for operational needs or unexpected expenses.
• Director Loans: There is a director loan balance owed to the company (negative loan account of £526), which might indicate informal financing structures requiring scrutiny.

3. Positive Indicators:

• Positive Net Current Assets (£1,416) and Net Assets (£2,181): Indicates the company is solvent at the reporting date.
• No Overdue Filings: Accounts and confirmation statements are filed on time, suggesting good regulatory compliance.
• Clear Ownership and Management: Two directors each hold 25-50% shares and voting rights, with no signs of governance issues or disqualifications.

4. Due Diligence Notes:

• Verify Business Model and Revenue Streams: Assess the company’s actual trading activity and customer base given the short life.
• Review Director Loan Details: Understand the nature, terms, and repayment plans of director loans to assess financial commitments.
• Evaluate Cash Flow Projections: Given limited cash reserves, investigate working capital management and financing plans.
• Confirm No Related Party Transactions: Ensure transactions with directors or related parties have been conducted at arm’s length and are properly documented.