Company Number: 14759423

Analysis Date: 2025-07-29 12:49 UTC

1. Risk Rating: LOW
   JST BROKERS LIMITED demonstrates a solid initial financial position for a newly incorporated micro-entity. The company has positive net current assets and no outstanding overdue filings, indicating effective compliance and liquidity at this early stage.

2. Key Concerns:

• Limited Operational History: Incorporated in March 2023 with only one financial year reported, the company’s long-term sustainability and operational track record are not yet established.
• Single Director and Shareholder Control: Mr Neil Storer holds 75-100% control and is the sole current director. This concentration of control could pose governance risks if not managed with transparency.
• Absence of Fixed Assets and Minimal Employee Base: With no fixed assets and only one employee, the company’s operational scale is minimal, which may limit capacity for growth or resilience to business fluctuations.

3. Positive Indicators:

• Strong Net Current Assets Position: £15,491 net current assets with current assets exceeding current liabilities by a comfortable margin suggests adequate short-term financial stability.
• Up-to-Date Compliance: All filings including accounts and confirmation statements are current with no overdue submissions, reflecting good regulatory compliance.
• Clear Ownership and Management Structure: The presence of a named director and shareholder with full control simplifies accountability and decision-making processes.

4. Due Diligence Notes:

• Investigate Business Model and Revenue Streams: Given the micro-entity status and limited financial disclosures, further understanding of the company’s business operations and revenue generation is important.
• Confirm Director’s Background and Experience: Assess Mr Storer’s qualifications and track record in the insurance brokerage sector to gauge operational competence.
• Monitor Growth Trajectory and Financial Updates: Review future accounts and filings for revenue growth, profitability, and any expansion of assets or workforce to evaluate operational sustainability.