Company Number: 13436707

Analysis Date: 2025-07-29 16:54 UTC

1. Risk Rating: MEDIUM
   The company shows signs of limited liquidity with current liabilities slightly exceeding current assets for the most recent year, though net assets have improved. The small scale of operations and minimal cash reserves suggest moderate solvency risk, but no evidence of insolvency or overdue filings.

2. Key Concerns:

• Negative net current assets: The company had net current liabilities of £492 as of 30 June 2024, indicating short-term liquidity pressure.
• Small scale and limited cash: Cash balance of £16,825 is modest and may constrain operational flexibility.
• No employees: Zero reported employees could impact operational stability and scalability.

3. Positive Indicators:

• Improving net assets: Shareholders’ funds increased from £570 in 2023 to £7,758 in 2024, showing some equity growth.
• Up-to-date compliance: Accounts and confirmation statements are filed on time with no overdue returns.
• Tangible fixed assets present: The company holds tangible assets valued at £8,250, which provides some asset backing.

4. Due Diligence Notes:

• Investigate the source of equity increase in the latest year to understand if it is due to profit retention, capital injection, or revaluation.
• Assess cash flow and working capital management to evaluate ability to meet short-term obligations.
• Confirm business model sustainability given no employees and limited operational scale.
• Review director's background and governance practices to verify compliance and risk exposure.
• Understand client base and revenue streams given the SIC codes indicating business support and IT services.