Company Number: 15385060

Analysis Date: 2025-07-29 15:50 UTC

1. Risk Rating: MEDIUM

Levina Accommodations Ltd is a newly incorporated private limited company with its first financial year ending January 2025. The company's financials show a minimal net asset value (£145) and a near break-even working capital position. While there is no overdue filing or compliance issue, the limited operational history and slim net assets present moderate solvency and liquidity risk at this early stage.

2. Key Concerns:

• Minimal Net Assets and Working Capital: Net assets and net current assets stand at just £145, indicating very limited financial buffer to absorb unexpected expenses or downturns.
• Newly Established with No Operating History: Incorporated in January 2024, the company has no track record of profitability or cash generation, raising uncertainty about operational sustainability.
• Concentration of Control: The sole director and 75-100% shareholder is the same individual, which may pose governance and succession risks, as well as limited oversight.

3. Positive Indicators:

• Compliance and Filings Up to Date: The company has filed accounts and confirmation statements on time with no overdue returns, reflecting good regulatory discipline.
• Positive Net Current Assets: Despite being minimal, net current assets are positive (£145), indicating the company can currently meet short-term liabilities.
• Clear Accounting Policies and Disclosure: The accounts document shows adherence to FRS 102 and small company regime, with detailed notes and no audit exemption issues.

4. Due Diligence Notes:

• Assess Business Model and Revenue Streams: Review contracts, revenue projections, and client base underlying the debtors balance (£7,750) to verify sustainability.
• Examine Cash Flow Projections and Capital Needs: Given the small cash balance (£8,038) and liabilities (£15,643), forecast cash flows to determine if additional funding is required.
• Evaluate Director Background and Related Party Transactions: Investigate the director's experience in real estate and accommodation, and any transactions with related parties that could affect financial stability.