Company Number: 13369594

Analysis Date: 2025-07-29 14:46 UTC

1. Risk Rating: MEDIUM
   The company shows a significant decline in net current assets and shareholders’ funds from 2023 to 2024, indicating potential financial stress. While it remains solvent with positive net current assets and no overdue filings, the sharp reduction signals caution.

2. Key Concerns:

• Substantial Asset Decline: Current assets dropped from £109,156 to £25,753 and shareholders’ funds from £71,428 to £6,295 within one year, a material decrease that could impact operational capability.
• Limited Capital Base: Share capital is nominal (£1.00), suggesting minimal equity buffer to absorb losses or finance growth.
• Single Employee and Micro Category: With only one employee and micro entity status, operational scalability and resilience are limited, raising questions on sustainability.

3. Positive Indicators:

• No Overdue Filings: Accounts and confirmation statements are up to date, reflecting good compliance and governance practices.
• Positive Net Current Assets: Despite the decline, net current assets remain positive (£10,330), indicating ability to meet short-term obligations.
• Stable Directorship and Control: Clear and stable ownership/control structure with no disqualifications or governance concerns reported.

4. Due Diligence Notes:

• Investigate reasons behind the drastic reduction in current assets and reserves from 2023 to 2024, including any one-off transactions or impairments.
• Review cash flow statements and working capital management to assess liquidity trends and potential cash flow constraints.
• Assess business model viability and revenue streams given the micro size and single employee status.
• Confirm no contingent liabilities or off-balance sheet obligations that might increase risk exposure.
• Validate the impact and rationale of the recent name change on business operations or strategy.