Company Number: 13822975

Analysis Date: 2025-07-20 16:19 UTC

1. Risk Rating: MEDIUM
   While the company shows modest net assets and no overdue filings, the negative net current assets position indicates potential liquidity risks that warrant caution.

2. Key Concerns:

• Liquidity Shortfall: Current liabilities exceed current assets by approximately £212k, suggesting challenges in meeting short-term obligations without asset liquidation or refinancing.
• Limited Operational Scale: The company operates as a micro-entity with only one employee, which may impact operational resilience and capacity for growth or crisis management.
• Concentrated Control: Single individual ownership (75-100% shares and voting rights) concentrates decision-making risk and may affect governance robustness.

3. Positive Indicators:

• Increasing Net Assets: Net assets doubled from £16k in 2022 to £33k in 2023, reflecting some equity growth.
• Timely Compliance: No overdue accounts or confirmation statements; filings are up to date, indicating good regulatory compliance.
• Stable Fixed Assets: Fixed assets remain consistent, suggesting stable property holdings aligned with the company’s real estate activities.

4. Due Diligence Notes:

• Investigate the nature and terms of current liabilities to assess repayment schedules and refinancing risk.
• Review cash flow statements and forecasts (if available) to understand liquidity management and operational cash generation.
• Evaluate the impact of ownership concentration on corporate governance and decision-making processes.
• Confirm the valuation and marketability of fixed assets to understand their contribution to solvency.