Company Number: 14720545

Analysis Date: 2025-07-20 15:48 UTC

1. Risk Rating: MEDIUM
   Justification: The company is newly incorporated with minimal financial history and limited assets. Current assets slightly exceed current liabilities, indicating marginal short-term liquidity, but net assets are very low (£770). The business employs only one person and qualifies as a micro-entity, which limits the amount of publicly available financial information. These factors suggest moderate risk mainly due to limited operational scale and financial buffer.

2. Key Concerns:

• Very low net assets and working capital (£770) provide minimal cushion against unexpected expenses or downturns.
• Single employee operation and micro-entity status indicate a potentially fragile operational structure lacking scale or diversification.
• Recent director resignation within the first year (Greg Meakins) may warrant inquiry into governance stability.

3. Positive Indicators:

• Compliance with filing deadlines for accounts and confirmation statements demonstrates regulatory adherence.
• No overdue filings or indications of financial distress such as liquidation or administration.
• Ownership and control appear transparent with a single majority shareholder (Dale Meakins) actively involved.

4. Due Diligence Notes:

• Investigate the company's business model and pipeline to assess revenue generation potential and sustainability beyond the initial start-up phase.
• Confirm reasons for director turnover and governance arrangements to understand management stability.
• Review any off-balance-sheet liabilities or contingent obligations not captured in micro-entity filings.
• Verify cash flow patterns and bank statements to assess liquidity beyond the snapshot in accounts.