KALEIDOSCOPE EVENT SERVICES LIMITED

Executive Summary

Kaleidoscope Event Services Limited is a micro-entity with a strong compliance record and positive net assets for its first financial year. While the company shows no immediate solvency or liquidity concerns, its limited operating history and modest working capital warrant further investigation into its revenue streams and business sustainability before investment decisions. Governance concentration also suggests monitoring director-related risk factors.

KALEIDOSCOPE EVENT SERVICES LIMITED - Analysis Report

Company Number: 15128267

Analysis Date: 2025-07-29 12:32 UTC

1. Risk Rating: LOW
   Kaleidoscope Event Services Limited is a newly incorporated entity with a solid financial footing as per its first set of accounts. The company reports positive net current assets and net assets, no overdue filings, and clear ownership and governance structure. Given its micro-entity status and compliance with filing requirements, immediate solvency or liquidity risks appear minimal.

2. Key Concerns:

• Limited Operating History: Incorporated in September 2023, the company has a very short trading history, which limits the reliability of financial trends or operational sustainability assessments.
• Modest Working Capital: The net current assets of £5,034 are positive but relatively small, which could indicate limited buffer against unexpected liabilities or cash flow fluctuations.
• Single Director and Shareholder: Mrs. Dawn Grant holds 75-100% ownership and is the sole director, presenting potential governance risks related to concentration of control and decision-making.

3. Positive Indicators:

• Positive Net Assets and Working Capital: The company has £13,076 in cash against current liabilities of £8,042, demonstrating an ability to meet short-term obligations.
• No Overdue Filings or Penalties: Both accounts and confirmation statement are up to date, indicating good regulatory compliance.
• Clear Accounting Policies and Transparency: The financial statements are prepared under FRS102 section 1A and comply with the small companies regime, showing adherence to statutory requirements.
• No Sign of Financial Distress: The company is active, not in liquidation or administration, and shows no negative equity or accumulated losses.

4. Due Diligence Notes:

• Confirm Revenue and Profitability Trajectory: Since turnover figures are not provided in the accounts, verifying actual trading performance and revenue generation since inception is critical.
• Assess Business Model and Client Base: Understand the nature of event services provided and client contracts to evaluate operational sustainability and growth prospects.
• Director Background and Related Party Transactions: Review director’s history for any adverse records and check for related party transactions given sole ownership to identify potential conflicts.
• Cash Flow Projections and Capital Requirements: Given modest working capital, request cash flow forecasts to assess if further funding may be needed to support growth or operational needs.