Company Number: 13557849

Analysis Date: 2025-07-20 15:27 UTC

1. Risk Rating: LOW
   The company demonstrates a solid net asset position with increasing net current assets and shareholders' funds over the past three years. It has no overdue filings and is not subject to liquidation or administration, indicating good compliance and operational continuity.

2. Key Concerns:

• Lack of Profit and Loss Data: The absence of a profit and loss account filing limits insight into profitability and operational cash flow, restricting a full assessment of financial performance.
• No Employees: The average number of employees is zero, which may imply reliance on contractors or outsourcing; this could pose operational risks depending on the business model.
• Single Director and Shareholder: The company is controlled entirely by one individual, which may increase governance risk due to lack of board diversity and independent oversight.

3. Positive Indicators:

• Strong Liquidity Position: Net current assets increased from £14,902 in 2021 to £84,516 in 2024, indicating healthy short-term liquidity to meet obligations.
• Timely Compliance: Accounts and confirmation statements are up to date with no overdue filings, showing strong regulatory compliance.
• Growing Net Assets: Shareholders’ funds have grown steadily from £13,582 in 2021 to £82,668 in 2024, reflecting capital retention or equity injection that supports solvency.

4. Due Diligence Notes:

• Obtain and review profit and loss statements or additional financial data to assess profitability and cash flow stability.
• Understand the business model and operational setup given zero employees — clarify how services are delivered and risks related to workforce reliance.
• Assess the director’s track record and governance practices due to sole control and absence of other officers.
• Confirm if there are any contingent liabilities or off-balance sheet obligations not reflected in the micro-entity accounts.