Company Number: 15166681

Analysis Date: 2025-07-19 11:53 UTC

1. Risk Rating: HIGH
   The company is newly incorporated with minimal financial resources and limited operating history. Low turnover and negligible net assets suggest a high risk of insolvency or inability to meet obligations if conditions worsen.

2. Key Concerns:

• Insufficient liquidity: Cash balance of only £100 and net current assets also at £100 indicate extremely limited working capital. This raises concerns about the company’s ability to cover short-term liabilities or unexpected expenses.
• Limited operational scale: Turnover of £17,882 and zero employees imply a very small-scale operation with limited revenue generation and operational capacity.
• Lack of financial depth and history: Being incorporated in September 2023, the company has less than one year of trading history, making it difficult to assess sustainability or growth trends.

3. Positive Indicators:

• Profitability in first period: Despite low turnover, the company reported a modest operating profit of £832 and net profit after tax of £674, indicating some initial operational viability.
• Compliance with filing requirements: Accounts and confirmation statement were filed on time, indicating good regulatory compliance so far.
• Clear ownership and control: Sole director and 75-100% shareholder Marilena Tabacaru ensures straightforward governance and decision-making.

4. Due Diligence Notes:

• Verify the nature and terms of cost of sales and administrative expenses to assess sustainability of margins and expense control.
• Investigate working capital management plans given the minimal cash and current assets.
• Confirm no undisclosed liabilities or contingent risks that could impact solvency.
• Obtain more detailed operational and business plans from management to understand growth prospects and funding sources.
• Monitor future filings for revenue growth and capital infusion.