Company Number: 15053740

Analysis Date: 2025-07-20 13:02 UTC

1. Risk Rating: MEDIUM
   Justification: The company is newly incorporated (since August 2023) and has modest net assets (£800) with very limited financial history. Current assets exceed current liabilities, indicating some short-term liquidity, but the low net asset base and accruals (£5,200) raise some caution. No audit performed due to micro-entity status limits transparency.

2. Key Concerns:

• Very limited operating history and financial track record, increasing uncertainty about future performance and cash flows.
• Accruals and deferred income of £5,200 significantly reduce net assets, indicating potential timing differences or obligations that need careful scrutiny.
• No employees to date, which may imply limited operational capacity or reliance on outsourcing; sustainability of operations is unclear.

3. Positive Indicators:

• The company is current with all statutory filings (accounts and confirmation statements) and is not overdue on any obligations, indicating compliance discipline.
• Net current assets of £6,000 suggest the company can cover immediate liabilities comfortably.
• Sole director and 75-100% shareholder control by Dr Pengyuan Yang may allow for swift decision-making and clear governance.

4. Due Diligence Notes:

• Investigate the nature and timing of the accruals and deferred income to assess potential cash flow impact.
• Review business plan and contracts to understand how the company intends to generate revenue and manage operations without employees.
• Validate the director’s background and experience in the plumbing, heating, air conditioning, and electrical installation sectors to assess operational expertise.
• Monitor future filings for profit and loss details once available to evaluate operational viability and financial trajectory.