Company Number: 13889715

Analysis Date: 2025-07-20 18:37 UTC

1. Risk Rating: MEDIUM
   The company is a micro-entity with limited financial scale, showing a decline in net assets and current assets over the last reported year. While it remains solvent on a balance sheet basis, the shrinking liquidity position and modest asset base elevate the risk profile moderately.

2. Key Concerns:

• Declining Net Assets: Net assets decreased from £13,195 in 2022 to £6,205 in 2023, indicating erosion of equity which could impact financial stability if the trend continues.
• Liquidity Pressure: Current assets have fallen sharply from £5,945 to £1,702, while current liabilities remain relatively stable, resulting in a worsening net current asset position (from -£4,752 to -£9,300). This suggests potential short-term cash flow constraints.
• Limited Operational Scale: The business operates with a single employee and minimal fixed assets, reflecting a very small operational footprint which may affect resilience and growth prospects.

3. Positive Indicators:

• No Overdue Filings: The company is current with both accounts and confirmation statement filings, reflecting good compliance with statutory requirements.
• Active Status & Sole Control: The company is active, with a single director and 75-100% shareholder (Mr. Julian Lambert), suggesting clear governance and decision-making lines.
• No Indications of Insolvency or Liquidation: The company is not subject to liquidation, administration, or receivership proceedings.

4. Due Diligence Notes:

• Review Cash Flow Statements: To better understand the cause of declining current assets and whether the liquidity pressure is temporary or structural.
• Assess Profitability and Revenue Trends: Limited financial data is available; obtaining profit and loss details will clarify operational sustainability.
• Examine Contractual Commitments: Given the SIC code of specialised construction activities, verify ongoing contracts and pipeline to evaluate future cash inflows.
• Director Background Check: Confirm no adverse records or disqualifications beyond the basic information provided.