Company Number: 13888628

Analysis Date: 2025-07-20 17:15 UTC

1. Risk Rating: LOW

Justification: JDR Commissioning Ltd demonstrates a positive net asset position with improving working capital, no overdue filings, and no indications of insolvency or distress. The company has been active since 2022 with up-to-date statutory compliance and modest but growing financial resources, which supports a low risk rating at this stage.

2. Key Concerns:

• Reliance on a single director and sole person with significant control (PSC), which could present governance and continuity risks.
• Relatively small scale of operations with only one employee and minimal fixed assets, potentially limiting operational resilience and growth capacity.
• The corporation tax creditor is increasing (£12,950 in 2024 vs £8,665 in 2023), which may indicate tax liabilities accumulating without immediate settlement.

3. Positive Indicators:

• Strong improvement in net current assets from £939 in 2023 to £10,827 in 2024, indicating better short-term liquidity.
• Cash balance increased from £3,595 in 2023 to £8,508 in 2024, providing a stronger cash buffer to meet immediate obligations.
• No overdue accounts or confirmation statements, reflecting good regulatory compliance and governance.
• Shareholders’ funds have increased substantially from £1,739 to £11,467 within two years, suggesting retained earnings growth and a strengthening equity base.

4. Due Diligence Notes:

• Investigate the nature and collectability of the significant increase in debtors (£24,373 in 2024 vs £17,633 in 2023) to assess cash flow reliability and credit risk.
• Clarify the reasons behind the rising corporation tax creditor and confirm the company's tax payment strategy and timing.
• Review the director's loan account details and any related party transactions to ensure transparency and proper financial controls.
• Confirm the sustainability of business operations given the very small scale and single employee, including client diversification and revenue streams.
• Monitor closely the dependency on the sole director for management and strategic decisions.