Company Number: 13265028

Analysis Date: 2025-07-29 19:59 UTC

1. Risk Rating: LOW
   KILBURN KICKS LIMITED shows a stable financial position with positive net assets increasing over the last reported years, no overdue filings, and no indication of insolvency or liquidation.

2. Key Concerns:

• Relatively low fixed asset base (£3,312) may indicate limited tangible collateral or long-term investments.
• The company operates with a very small workforce (1-2 employees), which could pose operational scalability risks.
• Share capital is minimal (£1.00), which may limit financial flexibility in case of unexpected needs.

3. Positive Indicators:

• Consistent growth in net current assets and net assets from £20,503 in 2021 to £79,256 in 2024 suggests improving financial health.
• Current liabilities are covered by current assets with a comfortable net current asset position (£84,799 as of 2024), indicating good short-term liquidity.
• No overdue accounts or confirmation statements indicate sound regulatory compliance and good governance.
• The director is an accountant, which may positively influence financial management and compliance.

4. Due Diligence Notes:

• Verify the nature and sustainability of current assets (£372,693), especially receivables or stock, to ensure liquidity is not overstated.
• Assess business model robustness given the micro-entity status and minimal staff, particularly in the retail mail order/internet sales sector, which can be competitive.
• Confirm absence of any contingent liabilities or off-balance sheet risks not disclosed in the filleted accounts.
• Review any related party transactions or director loans, given the significant control by a single individual (Mr Angus Smith, 75-100% ownership and voting rights).