Company Number: 15514048

Analysis Date: 2025-07-29 17:27 UTC

1. Risk Rating: LOW

Justification: Kuba Dev Limited is a newly incorporated private limited company (February 2024) operating in the software development sector. The latest filed accounts (year ending March 2025) show a positive net asset position (£28,388) with net current assets of £27,955, indicating the company currently holds more current assets than liabilities. No overdue filings or liquidation status are noted, and the sole director and 100% shareholder is appropriately recorded.

2. Key Concerns:

• Limited operating history: Being less than two years old, the company’s financial stability and operational viability cannot yet be fully assessed.
• Micro-entity reporting: Accounts are prepared under micro-entity provisions, limiting the financial disclosures and reducing transparency for external evaluation.
• Single director/shareholder control: Concentration of control in one individual may pose governance risks without independent oversight.

3. Positive Indicators:

• Positive net current assets and net asset position suggest adequate short-term liquidity and solvency at this stage.
• No overdue statutory filings, reflecting compliance with regulatory requirements.
• Operating in a high-growth sector (business and domestic software development) with potential scalability.
• Minimal liabilities relative to assets indicate low gearing risk.

4. Due Diligence Notes:

• Review any available management accounts or cash flow forecasts to assess operational cash flow sustainability beyond the balance sheet snapshot.
• Investigate the business model, customer base, and contracts to understand revenue-generating capacity and growth potential.
• Confirm absence of related party transactions or contingent liabilities not disclosed in micro-entity accounts.
• Monitor future filings to track financial progression and compliance status.