Company Number: 13639696

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

1. Risk Rating: LOW
   The company demonstrates stable net assets and positive working capital over recent years, with no overdue filings or indicators of financial distress. The micro-entity status and consistent small scale operations reduce complexity and risk.

2. Key Concerns:

1. Limited scale and growth: The company remains small (micro-entity) with modest assets and liabilities, which could make it vulnerable to market shifts or cash flow pressures.
2. Director change: One director appointed recently (April 2023) resigned before the 2025 year-end, suggesting possible governance or management continuity questions.
3. Concentrated control: Two individuals hold all significant control, which may raise concerns about decision-making robustness and succession planning.

3. Positive Indicators:

1. Healthy liquidity: Current assets comfortably exceed current liabilities, indicating solid short-term financial health.
2. No overdue compliance: All statutory filings, including accounts and confirmation statements, are up-to-date, reflecting good regulatory compliance.
3. Stable ownership and voting rights: Ownership structure is clearly defined, with no apparent disputes or changes, supporting operational stability.

4. Due Diligence Notes:

• Review cash flow statements and profit & loss accounts (not provided) to assess operational profitability and cash generation.
• Investigate reasons behind director resignation and overall management structure to understand potential governance risks.
• Confirm customer concentration and revenue diversification to evaluate sustainability given small business scale.
• Verify any off-balance-sheet liabilities or contingent risks not captured in the micro-entity accounts.