Company Number: 13136187

Analysis Date: 2025-07-20 17:59 UTC

1. Risk Rating: LOW
   KEE CATERING LIMITED demonstrates a stable financial position with positive net current assets across the last four years, modest turnover growth, and no overdue filings. The company maintains strong liquidity with cash reserves significantly exceeding current liabilities, indicating low short-term financial risk.

2. Key Concerns:

• Operating Losses: The company reported operating losses in recent years (£1,167 in 2025 and £14,413 in 2024), suggesting profitability challenges that need monitoring.
• Small Scale and Limited Capital: Share capital is only £10, which provides minimal equity buffer against potential losses or financial shocks.
• Employee Count: The reported average number of employees is zero despite operating as a take-away food business, which is unusual and may warrant verification of operational scale and compliance with labor regulations.

3. Positive Indicators:

• Strong Liquidity: Cash balances (£31,111 in 2025) are comfortably above current liabilities (£1,800 in 2025), reflecting sound short-term financial health.
• Consistent Turnover: Turnover has grown steadily from £148,206 in 2022 to £158,670 in 2025, indicating stable market demand.
• Compliance: No overdue accounts or confirmation statements, reflecting good regulatory adherence and governance practices.
• Net Assets Growth: An increase in net assets from £6,449 in 2021 to over £30,000 in 2025 suggests retained earnings accumulation or capital injections.

4. Due Diligence Notes:

• Investigate the nature of operating losses and management plans to achieve profitability.
• Verify the absence of employees and confirm operational model (e.g., outsourced labor, owner-operated) and compliance with employment laws.
• Assess the adequacy of the minimal share capital in relation to business risks and future funding needs.
• Confirm the accuracy and completeness of financial data given the exemption from audit and unaudited accounts.
• Review director background and any related party transactions, given the single director structure.