Company Number: 13169131

Analysis Date: 2025-07-29 21:02 UTC

1. Risk Rating: LOW
   Justification: The company is current with all statutory filings and shows a positive turnaround in net assets in the latest financial year (2024). Although the scale of operations is minimal (micro-entity), the balance sheet indicates a modest but positive net asset position, suggesting solvency at this stage.

2. Key Concerns:

• Very limited financial scale: Current assets and net assets remain very low (£438 and £300 respectively), indicating minimal working capital and potential vulnerability to cash flow shocks.
• No employees and limited operational data: The absence of employees and lack of detailed operational metrics raise questions about the company’s business activity and sustainability.
• Negative net assets in prior years (2022 and 2023) suggest the business was previously loss-making or undercapitalized, though this has improved recently.

3. Positive Indicators:

• The company is fully compliant with filing deadlines for both accounts and confirmation statements, reducing regulatory risk.
• Recent financial year shows a positive net asset position and improved net current assets, indicating better liquidity and solvency compared to previous years.
• Directors have taken responsibility for accounts preparation and there is no indication of audit exemptions being abused; accounts comply with micro-entity provisions appropriately.

4. Due Diligence Notes:

• Verify the nature and scale of the company’s current business operations given the absence of employees and minimal assets.
• Investigate sources of recent financial improvement and whether it is sustainable or a one-off event.
• Examine cash flow forecasts and any contingent liabilities or off-balance sheet commitments not disclosed in the micro-entity accounts.
• Confirm the background and reputation of directors to ensure no regulatory or conduct risks are present.