JO JOST ART AND DESIGN LTD

Executive Summary

JO JOST ART AND DESIGN LTD is a newly formed micro-entity with minimal financial activity to date. Its compliance with filing deadlines and lack of liabilities present a low immediate risk; however, the very limited asset base and absence of operational data warrant close monitoring. Further due diligence on business plans and operational status is recommended to assess sustainability.

JO JOST ART AND DESIGN LTD - Analysis Report

Company Number: 15267230

Analysis Date: 2025-07-29 15:51 UTC

1. Risk Rating: LOW
   Given the company's very recent incorporation (November 2023) and micro-entity status, there is limited operational or financial history to assess. However, the absence of liabilities and a positive net asset position, albeit minimal (£47), alongside timely filings, supports a low immediate risk profile.

2. Key Concerns:

• Minimal Financial Scale: The company’s net assets and current assets are nominal (£47), suggesting very limited capital and operational activity at this stage. This raises questions about its ability to fund ongoing operations or absorb unforeseen costs.
• No Revenue or Operational Data: No employees and no fixed assets indicate the business may not yet be operational or generating income, which could impact sustainability.
• Single Director and Shareholder Control: Full control by one individual (Josephine Miller) concentrates decision-making but also increases governance risk if safeguards are minimal.

3. Positive Indicators:

• Compliance with Filing Requirements: Accounts and confirmation statement are filed on time, indicating adherence to regulatory obligations.
• No Current Liabilities: The absence of creditors or debt obligations reduces immediate solvency risk.
• Clear Ownership and Control: PSC and director information is transparent, showing no apparent governance irregularities.

4. Due Diligence Notes:

• Evaluate Business Plan and Capitalization: Investigate the company’s funding sources, planned revenue streams, and capital adequacy given the very low asset base.
• Confirm Operational Status: Verify whether the company has commenced trading or is still in a setup phase.
• Director Background Check: Although no issues are evident, assessing the director’s experience and reputation would be prudent given sole control.
• Monitor Future Filings: Subsequent accounts and activity will be critical to assess the company’s progress and financial health.