Company Number: 14803853

Analysis Date: 2025-07-20 16:18 UTC

1. Risk Rating: MEDIUM
   The company is very new (incorporated 2023), with limited financial history and modest net assets (£570). Negative net current assets (-£1,190) indicate potential short-term liquidity challenges. However, no overdue filings or insolvency status reduces immediate risk concerns.

2. Key Concerns:

• Negative working capital: Current liabilities (£3,565) exceed current assets (£2,375), suggesting potential cash flow constraints.
• Limited financial track record: Only one set of accounts filed for a partial first year, restricting trend analysis.
• Small scale and single employee operation: May face operational risks and limited capacity for growth or shock absorption.

3. Positive Indicators:

• Compliance: Accounts and confirmation statement are filed on time with no overdue filings or penalties.
• Sole director and 100% owner is consistent, indicating clear control and accountability.
• Micro-entity status reduces complexity and filing burden, suitable for a small start-up business.

4. Due Diligence Notes:

• Investigate cash flow management and plans to improve liquidity given negative net current assets.
• Review business model sustainability in the take-away food sector and competitive positioning locally.
• Confirm absence of contingent liabilities or off-balance sheet obligations not disclosed.
• Assess director’s experience and capability to scale the business and manage risks.
• Monitor subsequent filings and operational updates to confirm ongoing solvency and compliance.