Company Number: 14355682

Analysis Date: 2025-07-20 15:17 UTC

1. Risk Rating: LOW
   Justification: Marsal Design Ltd is a recently incorporated micro-entity with stable but modest net assets and positive working capital. Filings are up to date, and there is no indication of financial distress or regulatory non-compliance.

2. Key Concerns:

• Narrow net current assets: The company’s working capital is positive but small (£1,802 in 2024), which could limit liquidity to absorb unexpected costs or revenue shortfalls.
• Limited financial history: Incorporated in 2022, the company lacks a long track record, limiting trend analysis for operational sustainability.
• Single director and controlling shareholder: The company is wholly owned and controlled by one director, which may increase governance risk and reduce checks and balances.

3. Positive Indicators:

• Positive net assets and working capital: The company shows positive net assets (£2,026) and net current assets, indicating solvency at the balance sheet date.
• Compliance with filing requirements: Accounts and confirmation statements are filed on time, reflecting good regulatory compliance.
• Low fixed assets and minimal share capital: Suggests a service-oriented business with low capital intensity, consistent with management consultancy activities.

4. Due Diligence Notes:

• Review cash flow statements and any available management accounts for more granular liquidity insights, as balance sheet snapshots may miss seasonal or operational cash flow pressures.
• Investigate client base and contract stability to assess operational sustainability, given the company’s limited history and sector (management consultancy).
• Confirm absence of any director disqualifications or legal proceedings that might impact governance or continuity.
• Clarify any related party transactions and intercompany balances if applicable, due to single director ownership structure.