Company Number: 14113125

Analysis Date: 2025-07-20 18:35 UTC

1. Risk Rating: LOW
   Kelrob Ltd demonstrates a solid micro-entity financial position with positive net current assets, no overdue filings, and stable director appointments. The company’s balance sheet shows increasing shareholders’ funds and manageable liabilities, indicating low solvency and liquidity risk at this stage.

2. Key Concerns:

• Limited operating history: Incorporated in May 2022, the company has only two years of financial data, which limits assessment of long-term operational stability.
• Small scale and workforce: Employing only 2 people and classified under micro entity thresholds may restrict business scalability and cushion against market shocks.
• Director advances: The directors have minor outstanding credit balances with the company; while not immediately alarming, the nature and terms of these advances warrant review for potential related party risk.

3. Positive Indicators:

• Strong liquidity position with net current assets of £10,071 at the latest year-end, reflecting good short-term financial health.
• Increasing fixed assets and shareholders’ funds from £9,416 to £13,976 suggest growth and retained earnings.
• Timely compliance with filing deadlines for both accounts and confirmation statements, indicating good regulatory governance.
• Directors appear stable with no reported disqualifications and significant shareholding alignment between the two directors, supporting unified control.

4. Due Diligence Notes:

• Obtain more detailed profit and loss information to assess revenue streams, profitability, and cash flow trends beyond the balance sheet snapshot.
• Clarify the nature and terms of director advances and any potential impact on liquidity or conflicts of interest.
• Evaluate business model sustainability given the micro scale and limited employee base, including client concentration and industry risks in scientific and technical consulting (SIC 71122).
• Confirm absence of contingent liabilities or off-balance sheet obligations not reflected in the summary accounts.