LORNE ALEXANDER INTERIOR DESIGN LIMITED

Executive Summary

Lorne Alexander Interior Design Limited demonstrates a stable financial position with positive net assets and no overdue filings, supporting a low risk rating. However, limited operational scale and concentrated ownership warrant further review of profitability and governance arrangements. Overall, the company appears solvent and compliant but should be monitored for operational sustainability.

LORNE ALEXANDER INTERIOR DESIGN LIMITED - Analysis Report

Company Number: 12901832

Analysis Date: 2025-07-29 20:43 UTC

1. Risk Rating: LOW
   The company shows consistent positive net current assets and net assets over the past financial years, indicating sufficient short-term liquidity and solvency. It is compliant with filing requirements and operates within the micro-entity accounting regime, which suits its size and scale.

2. Key Concerns:

• Limited scale and single employee: Operating with only one employee and as a micro entity may limit operational resilience and scalability.
• Concentrated ownership and control: Miss Lorne Alexander holds 75-100% shares and voting rights, implying decision-making is concentrated, which could pose governance risks.
• Lack of profit and loss disclosure: The profit and loss account has not been filed, restricting visibility into profitability, cash flow generation, and operational performance.

3. Positive Indicators:

• Solid balance sheet position: Net assets increased from £18,719 in 2023 to £31,803 in 2024, reflecting growth in net current assets.
• Timely filings: Latest accounts and confirmation statement are current, with no overdue filings or penalties.
• No insolvency or liquidation: The company status is active with no signs of distress or formal insolvency proceedings.

4. Due Diligence Notes:

• Request management accounts or profit and loss statements to assess profitability and cash flow dynamics.
• Confirm the relationship and arrangements with the accounting service at the registered office to understand operational dependencies.
• Review any contingent liabilities or off-balance sheet commitments not disclosed in micro-entity filings.
• Evaluate governance controls given the single director/shareholder structure to ensure adequate oversight.