Company Number: 14460741

Analysis Date: 2025-07-29 14:25 UTC

1. Risk Rating: MEDIUM
   The company is very small with minimal net assets (£100) and current assets only marginally exceeding current liabilities. While it is not currently overdue on filings or in liquidation, its financial position is extremely tight, raising concerns about solvency and liquidity.

2. Key Concerns:

• Minimal Net Assets and Working Capital: Net current assets are only £100, indicating very limited financial buffer to meet short-term obligations.
• Declining Cash and Debtors: Cash decreased from £3,131 to £2,401 and trade debtors declined from £4,956 to £3,712, which may suggest reduced sales or collection issues.
• No Profit and Loss Information Available: The company has opted not to file a Profit and Loss account, making it difficult to assess operational profitability and sustainability.

3. Positive Indicators:

• Compliance with Filing Deadlines: Both accounts and confirmation statements are up to date, reducing regulatory risk.
• Stable Directorship and Ownership: Two directors with shared control have been in place since incorporation, indicating stable governance structure.
• Small Company Exemption Utilised Properly: The company complies with small company reporting standards, suggesting no immediate governance issues.

4. Due Diligence Notes:

• Investigate the company’s revenue trends and profitability since the profit and loss account is not filed publicly.
• Review cash flow statements if available to determine liquidity management and working capital cycles.
• Consider credit terms and aging of debtors to assess collection efficiency and potential bad debts.
• Confirm no contingent liabilities or off-balance sheet risks that may impair solvency.
• Validate directors’ plans for business growth or capital injection given the minimal equity base.