Company Number: 13107741

Analysis Date: 2025-07-19 12:53 UTC

1. Risk Rating: MEDIUM
   The company shows a reasonable net asset position with positive net current assets, indicating it can meet short-term obligations. However, the reduction in net current assets compared to prior years and the presence of significant creditors falling due after one year in earlier years (though cleared in the latest accounts) warrant caution. The very small size and limited employee count increase operational risk.

2. Key Concerns:

• Significant swings in net current assets and total assets less current liabilities between years, suggesting volatility in working capital management or creditor arrangements.
• Very small scale of operations (micro-entity category), with only one employee in the latest year, which may impact operational resilience and revenue generation capacity.
• Limited share capital (£2), which implies minimal equity buffer beyond retained earnings.

3. Positive Indicators:

• Consistently positive net assets and shareholders’ funds growing from £9,708 in 2020 to £38,069 in 2024, indicating profitability or capital retention over time.
• No overdue filings for accounts or confirmation statements, reflecting good compliance and governance.
• Clearing of long-term creditors as of 2024, improving solvency profile.

4. Due Diligence Notes:

• Review the nature and timing of creditor balances, especially the disappearance of long-term creditors in 2024, to understand if this reflects repayment, refinancing, or reclassification.
• Investigate revenue trends and cash flow statements (not provided) to assess operational cash generation and sustainability given the micro size and limited workforce.
• Confirm the directors’ plans for growth or maintaining operations at this scale, and any reliance on related parties or external funding.