Company Number: 15167864

Analysis Date: 2025-07-20 14:59 UTC

1. Risk Rating: MEDIUM
   The company is newly incorporated (September 2023) and classified as micro-entity with minimal financial disclosures. The latest accounts show modest net assets (£3,277) and current assets (£4,377) with low current liabilities (£1,100), indicating a positive working capital position. However, the company’s very recent start and limited financial history elevate risk, as sustainability and cash flow robustness cannot yet be confirmed.

2. Key Concerns:

• Limited Financial History and Scale: Only one year of accounts available; the company is very new with minimal asset base, which limits assessment of operational stability and financial trends.
• Small Capital Base: Shareholders’ funds of £3,277 and total net assets of £3,277 are low, potentially restricting the company’s ability to absorb shocks or invest in growth.
• Concentration of Control: Two directors and PSCs appear to be the same individuals, which could pose governance risks if not balanced by wider oversight.

3. Positive Indicators:

• Positive Net Current Assets: Current assets exceed current liabilities, suggesting no immediate liquidity problems in the reported period.
• Compliance with Filings: No overdue accounts or confirmation statements, indicating good regulatory compliance to date.
• Clear Industry Focus: The SIC code 41202 (construction of domestic buildings) provides clarity on operational sector, which is a stable and established market in the UK.

4. Due Diligence Notes:

• Investigate the revenue generation and cash flow projections to assess operational viability beyond the initial period.
• Review any related party transactions or funding arrangements given the close director/shareholder overlap.
• Monitor subsequent filings and any changes in capital structure or creditor exposure for signs of financial stress or growth.