Company Number: 15127146

Analysis Date: 2025-07-20 12:33 UTC

1. Risk Rating: LOW
   Given the company's very recent incorporation (September 2023) and its micro-entity status, there is limited financial history. However, the latest accounts show positive net current assets and net assets, no overdue filings, and no indication of insolvency or regulatory non-compliance. These factors collectively indicate a low immediate risk profile.

2. Key Concerns:

• Limited Operating History: Incorporated less than two years ago with no employees, making it difficult to assess operational sustainability or revenue generation capability.
• Long-Term Creditors: The company reports £13,558 of creditors due after one year, which may impact future liquidity depending on the nature and terms of these liabilities.
• Director Loan Balance: A director owed the company £4,266 at year-end, though this was repaid post year-end. While resolved, this related-party transaction warrants scrutiny regarding company cash flows and governance.

3. Positive Indicators:

• Positive Working Capital: Current assets exceed current liabilities by £862, indicating the company can meet short-term obligations.
• Compliance: All statutory filings including accounts and confirmation statements are up to date with no overdue deadlines or penalties.
• Net Assets: The company holds net assets of £4,287, reflecting a positive equity position for a newly formed micro-entity.
• Clear Ownership and Control: Two directors, both British nationals, hold clear and transparent shareholdings and control, reducing governance uncertainties.

4. Due Diligence Notes:

• Review the nature and maturity profile of long-term creditors to understand repayment obligations and potential impact on cash flows.
• Obtain more detailed financial performance data or forecasts to assess revenue generation and operational model viability, given zero employees and minimal fixed assets.
• Investigate the reason for the director loan and ensure related-party transactions are properly managed and disclosed.
• Monitor future filings for any changes in financial position or governance structure as the business develops.