Company Number: 15126888

Analysis Date: 2025-07-20 12:33 UTC

1. Risk Rating: LOW

Justification: The company is newly incorporated (Sept 2023) and filed its first micro-entity accounts on time without overdue filings. The balance sheet shows a positive net current asset position (£2,183) and shareholders’ funds matching net assets. No signs of insolvency or overextension are evident in available data.

2. Key Concerns:

• Limited financial history: Being less than one year old with minimal financial data restricts ability to assess operational sustainability.
• Minimal asset base and working capital: Net current assets of £2,183 indicate a very small scale operation with little buffer for cash flow fluctuations.
• Single employee and sole director/shareholder: High operational and control concentration risk, dependent on one individual.

3. Positive Indicators:

• Compliance with filing deadlines: Accounts and confirmation statement are current, indicating good governance.
• Positive net assets and working capital: Despite small scale, the company is solvent on a micro-entity basis.
• Clear ownership and control: The sole director and 75-100% shareholder is identified, reducing transparency concerns.

4. Due Diligence Notes:

• Investigate business plan and funding sources to understand how the company intends to grow and sustain operations.
• Confirm the nature and reliability of current assets (likely cash or receivables).
• Review director background for experience relevant to the SIC code (research and experimental development) and any regulatory registrations or licenses required.
• Monitor future accounts for trends in revenue, profitability, and cash flow.