Company Number: 14721973

Analysis Date: 2025-07-20 15:49 UTC

1. Risk Rating: MEDIUM
   The company is newly incorporated (March 2023) and classified as a micro-entity with relatively modest asset levels (£58k total assets less current liabilities). While it shows positive net assets (£31k) and no overdue filings, the loan from a director and absence of employees indicate early-stage operational risks.

2. Key Concerns:

• Director Loan Exposure: A substantial loan from the director (£19,900) remains outstanding and is repayable on demand. Reliance on director funding may indicate limited external financing options and potential liquidity strain.
• Lack of Employees: The company had no employees during the period, suggesting limited operational capacity or outsourcing; this may constrain growth or delivery capability.
• Short Operating History: Being less than two years old, the company has limited financial track record, making it difficult to assess sustainability and profitability trends.

3. Positive Indicators:

• Positive Net Assets and Working Capital: Net current assets of £26,126 and positive shareholder funds suggest the company is solvent at the balance sheet date.
• No Overdue Filings: The company is current with statutory accounts and confirmation statement filings, indicating compliance with regulatory requirements.
• Clear Ownership and Control: One individual (Daniel David Kennedy) holds 75-100% of shares and voting rights, providing straightforward governance and decision-making structure.

4. Due Diligence Notes:

• Review the director loan terms in detail, including repayment plans and interest charges, to assess liquidity risk.
• Investigate the company's business model and operational plans given the absence of employees, including subcontracting or outsourcing arrangements.
• Monitor subsequent financial periods for revenue generation, profitability, and cash flow development to better understand business viability.
• Confirm no director disqualifications or governance issues beyond stated data.
• Verify that the company’s SIC codes and business activities align with the stated operational focus in renovations and specialized construction.