Company Number: 13541558

Analysis Date: 2025-07-29 16:38 UTC

1. Risk Rating: LOW
   The company demonstrates a strong net asset position relative to its size, with adequate working capital and no overdue filings, indicating sound financial management and compliance.

2. Key Concerns:

• Limited scale and employee base (only one employee), which may constrain operational capacity and scalability.
• Reliance on a single director/shareholder who holds full control, potentially increasing governance risk if key-person dependency arises.
• Absence of an income statement and limited financial disclosures due to micro-entity reporting, restricting visibility into profitability and cash flow trends.

3. Positive Indicators:

• Consistent growth in net assets from £9,033 in 2021 to £18,636 in 2024, reflecting retained earnings or capital injection.
• Strong liquidity position with current assets significantly exceeding current liabilities (£16,191 vs £749 as of 2024), indicating low short-term solvency risk.
• Timely filing of accounts and confirmation statements, evidencing good compliance with regulatory requirements.
• The company operates within essential service sectors (plumbing, heating, electrical installation), which tend to have steady demand.

4. Due Diligence Notes:

• Obtain more detailed financial information, including profit and loss statements, to assess operational profitability and cash flow sustainability.
• Investigate customer concentration and contracts to evaluate revenue stability and growth prospects.
• Review director’s background and capacity given the small scale and single-person control to understand succession or continuity risks.
• Confirm that no related party transactions or contingent liabilities exist given the director’s sole control.