Company Number: 13524310

Analysis Date: 2025-07-20 13:10 UTC

1. Risk Rating: MEDIUM
   Lenide Limited demonstrates modest net assets and working capital but exhibits a significant decline in liquidity compared to previous years. The net current assets have dropped sharply from £6,465 in 2023 to £1,887 in 2024, indicating potential cash flow pressure. The company is a micro entity with minimal fixed assets and only one employee, which may limit operational resilience.

2. Key Concerns:

• Declining liquidity position: Current assets decreased by approximately £7,906 and net current assets fell by £4,578 in the latest financial year, which could constrain the company's ability to meet short-term obligations.
• Low asset base: Fixed assets are minimal (£861 in 2024), suggesting limited tangible collateral or investment in productive capacity.
• Limited scale and resources: Operating with a single employee and as a micro-entity may restrict growth potential and operational flexibility.

3. Positive Indicators:

• Positive net assets and shareholders’ funds (£2,748 as at July 2024), indicating the company is solvent on a balance sheet basis.
• No overdue filings or compliance issues reported, suggesting good governance and adherence to statutory requirements.
• Ownership concentrated with a single director and majority shareholder, potentially allowing for agile decision-making.

4. Due Diligence Notes:

• Review cash flow statements and management accounts to assess actual liquidity trends and timing of payables/receivables.
• Investigate reasons for the sharp decline in current assets and net current assets in the latest year.
• Confirm the sustainability of business model given small scale and reliance on a single director/employee.
• Verify if there are any contingent liabilities or off-balance sheet obligations not reflected in the accounts.
• Assess client base and revenue streams to evaluate operational stability and growth prospects.