Company Number: 14457876

Analysis Date: 2025-07-29 12:10 UTC

1. Risk Rating: MEDIUM
   The company is very young (incorporated November 2022) and has modest net assets (£1,226 as at Nov 2024) with minimal fixed assets and limited cash reserves (£26). While it is not in default on filings or under liquidation, the financial scale and asset base suggest limited financial buffer to absorb shocks or delays in receivables.

2. Key Concerns:

• Low liquidity: Cash at bank is negligible (£26), and current assets mainly comprise debtors (£10,570), exposing the company to cash flow risk if collections are delayed.
• Thin working capital: Net current assets of £1,226 is very small, indicating a tight margin between short-term assets and liabilities, increasing solvency risk.
• Limited operational scale: With only 2 employees on average and small financial figures, the business may face challenges in scaling and sustaining operations long-term without additional capital or revenue growth.

3. Positive Indicators:

• Up-to-date compliance: No overdue accounts or confirmation statements; filings are current indicating good regulatory compliance.
• Ownership and control clarity: Single director and 75-100% shareholder alignment reduces governance complexity and potential conflicts.
• Industry focus: Electrical installation is a defined niche with consistent demand potential, providing a clear business activity focus.

4. Due Diligence Notes:

• Verify the quality and collectability of debtors to assess liquidity risk more precisely.
• Understand the company’s business model and revenue pipeline to evaluate potential for growth or risks of stagnation.
• Assess any off-balance sheet liabilities or contingent risks not visible from limited accounts data.
• Confirm no director disqualifications or adverse conduct records for Mr. Janusonis beyond provided data.