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.