Company Number: 14225635

Analysis Date: 2025-07-20 12:15 UTC

1. Risk Rating: LOW
   The company demonstrates a strong net asset position with healthy net current assets and no overdue filings, mitigating immediate solvency and compliance risks.

2. Key Concerns:

• Concentration of control: One individual holds 75-100% voting rights and director appointment/removal powers, which could pose governance risks.
• Limited operational scale: With only 2 employees and micro-entity reporting, the business scale is very small, potentially limiting financial resilience.
• Fixed assets are minimal, suggesting limited capital investment or tangible asset base.

3. Positive Indicators:

• Substantial increase in current assets from £58.8k to £295.8k within one year, improving liquidity position.
• Net current assets and shareholders’ funds have nearly tripled year-on-year, suggesting growth or capital injection.
• No overdue statutory filings or audit exemptions fully complied with.
• Stable registered office and consistent company secretary presence.

4. Due Diligence Notes:

• Clarify nature and source of the large increase in current assets and current liabilities in the latest year to assess sustainability.
• Review underlying contracts, receivables, or cash holdings contributing to current assets for quality and collectability.
• Assess related party transactions or director loans given the control concentration and voting rights split.
• Examine business model and revenue generation given the SIC code (Other sports activities) and micro scale.
• Verify absence of director disqualifications or regulatory issues beyond public filings.