LEMEN LIMITED

Executive Summary

LEMEN LIMITED, a micro-entity private limited company, exhibits sound financial position with positive net assets and current assets exceeding current liabilities. The company maintains compliance with statutory filing requirements and shows operational stability with a consistent workforce. While the decline in net assets and minimal share capital merit further review, there are no immediate solvency or liquidity concerns based on the available data.

LEMEN LIMITED - Analysis Report

Company Number: 12997211

Analysis Date: 2025-07-20 14:40 UTC

1. Risk Rating: LOW
   LEMEN LIMITED demonstrates a solid net asset position with positive working capital and no overdue filings. The micro-entity status limits disclosure but available data indicates operational and financial stability.

2. Key Concerns:

• Declining net assets from £110k in 2020 to £83k in 2023 warrants monitoring for underlying causes.
• Limited share capital (£1) could imply minimal equity buffer against liabilities or adverse events.
• Directors both owning 25-50% shareholdings and related occupations (one chiropractor, one director) may indicate a closely held company with potential governance concentration risk.

3. Positive Indicators:

• Positive net current assets (~£65k) show good short-term liquidity, suggesting ability to meet near-term obligations.
• No overdue accounts or confirmation statements, indicating compliance with filing and governance requirements.
• Stable employee count (2) over multiple years implies operational continuity.

4. Due Diligence Notes:

• Investigate reason for net asset decline over recent years to assess sustainability of profitability or asset management.
• Review cash flow statements (if available) to confirm liquidity beyond balance sheet snapshots.
• Understand business model and revenue sources under SIC codes 74909 and 55209 to assess market risk and operational stability.
• Verify whether related party transactions or director loans exist given closely held ownership.
• Confirm absence of director disqualifications or other governance red flags.