LEARNING UNFURLED LIMITED

Executive Summary

Learning Unfurled Limited is a micro-entity operating in the education sector with a short operating history and a single majority owner. While it maintains compliance with statutory filings and holds positive working capital, the significant reduction in net assets from 2022 to 2023 warrants closer examination. The company’s early stage and ownership concentration suggest moderate risk, recommending further due diligence on financial trends and operational viability.

LEARNING UNFURLED LIMITED - Analysis Report

Company Number: 13805648

Analysis Date: 2025-07-29 20:59 UTC

1. Risk Rating: MEDIUM
   The company shows modest net assets and positive working capital but with a noticeable decline in net assets from £10,559 in 2022 to £6,072 in 2023. The small scale and limited financial history temper confidence slightly, though there is no indication of insolvency.

2. Key Concerns:

• Declining net assets and working capital: Net assets decreased by ~43% year on year, and net current assets dropped from £8,614 to £3,948, signaling potential liquidity pressure.
• Limited scale and operational history: As a micro-entity incorporated in late 2021 with only 1 employee reported, the business is at an early stage with limited financial and operational track record.
• Single controlling shareholder/director concentration: Mrs Deirdre Cijffers holds 75-100% ownership and voting rights, which could pose governance and succession risks.

3. Positive Indicators:

• Compliance with filing requirements: Accounts and confirmation statements are filed on time with no overdue filings, reflecting regulatory compliance.
• Positive net current assets: Despite decline, the company retains net current assets above £3,900, indicating some buffer to meet short-term liabilities.
• Low fixed asset base: The company’s asset structure is light, consistent with a service-based education business, reducing risk of asset impairment.

4. Due Diligence Notes:

• Investigate cause of net asset decline in 2023: Review profit and loss trends, cash flow statements, and working capital management to understand the drop in net assets and current assets.
• Assess operational sustainability: Evaluate revenue streams, client base, and business model viability given the micro size and limited employee base.
• Governance review: Consider implications of ownership concentration and related party transactions given sole significant control by Mrs Deirdre Cijffers.