Company Number: 13528067

Analysis Date: 2025-07-20 18:44 UTC

1. Risk Rating: LOW
   The company is a micro entity with modest but positive net assets and profits. It is compliant with statutory filings and has no indication of financial distress or governance issues.

2. Key Concerns:

• Declining Turnover: Turnover decreased from £40,753 in 2023 to £31,412 in 2024, indicating potential revenue challenges.
• Limited Scale and Resources: With fixed assets at only £3,000 and no current assets reported, liquidity may be constrained.
• No Employees: The absence of employees suggests reliance on directors or contractors, which could impact operational scalability and continuity.

3. Positive Indicators:

• Consistent Net Assets: Shareholders’ funds remain stable at £3,000 over recent years, with positive retained earnings reflected in profit for 2024.
• No Overdue Filings: Both accounts and confirmation statements are up-to-date, suggesting good regulatory compliance and governance.
• Profitability: The company reported a profit of £3,567 for the year ended 31 July 2024, indicating operational viability at current scale.

4. Due Diligence Notes:

• Investigate the cause of the turnover decline and assess the sustainability of current revenue streams.
• Review cash flow details beyond the balance sheet to confirm liquidity status given low current assets.
• Clarify the operational model given zero employees and assess dependency on directors or external contractors.
• Confirm no off-balance sheet liabilities or contingent risks not disclosed in the micro-entity accounts.
• Validate director backgrounds for any undisclosed risks despite no current disqualifications noted.