Company Number: 14554433

Analysis Date: 2025-07-20 11:05 UTC

1. Risk Rating: HIGH
   LEV SECURITY LTD shows significant financial fragility based on its first-year financials. The company generated minimal turnover (£19,098) and reported a small loss (-£728). Net current assets and net assets are nominal (£100), indicating an extremely limited asset base. Given this micro-entity’s early stage and minimal working capital, its ability to meet obligations is highly constrained.

2. Key Concerns:

• Minimal Financial Resources: With only £100 in current assets and net assets, the company lacks a financial buffer to cover liabilities or unexpected expenses.
• Operating Loss: Despite low turnover, the company incurred a loss, pointing to challenges in achieving profitability and potential ongoing cash flow issues.
• No Employees and No Fixed Assets: The absence of employees and fixed assets suggests minimal operational infrastructure, raising questions about the sustainability of the business model and growth prospects.

3. Positive Indicators:

• Compliance with Filings: The company is up to date with both accounts and confirmation statement filings, indicating good regulatory compliance so far.
• Clear Ownership and Control: One director (also sole significant controller) with 75-100% shareholding provides straightforward governance and decision-making.
• No Indications of Insolvency or Legal Issues: The company is active with no public signs of liquidation, administration, or director disqualifications.

4. Due Diligence Notes:

• Investigate the company’s business plan and cash flow projections to assess operational viability beyond the first year.
• Confirm whether the reported turnover reflects actual cash collected or includes receivables.
• Review any off-balance sheet liabilities or contingent risks not disclosed in micro-entity accounts.
• Clarify the role and engagement of the sole director and whether external operational support or contracts exist.
• Monitor subsequent filings and financial performance closely for signs of improvement or deterioration.