Company Number: 13658468

Analysis Date: 2025-07-29 13:31 UTC

1. Risk Rating: LOW
   The company demonstrates strong solvency and liquidity metrics, with net assets increasing significantly and a robust cash position. It remains compliant with filing deadlines and shows no signs of regulatory issues or operational distress.

2. Key Concerns:

• Increasing current liabilities and introduction of long-term creditors (£46,564) warrant monitoring to ensure debt servicing capability.
• Limited disclosure on turnover and profitability trends restricts deeper operational sustainability assessment.
• Concentration of control in a single individual (Mr Daniel Clark) may present governance risks, though not uncommon in private limited companies.

3. Positive Indicators:

• Strong net current assets (£344,930) and substantial cash balance (£567,496) as of 31 October 2024 suggest excellent liquidity.
• Consistent growth in net assets from £25,380 in 2021 to £382,084 in 2024 indicates financial strengthening.
• No overdue filings for accounts or confirmation statements, reflecting good regulatory compliance.
• Increase in tangible fixed assets from £12,061 to £83,718 implies ongoing investment in operational capacity.
• Employment growth (from 4 to 7 average employees) may indicate business expansion.

4. Due Diligence Notes:

• Verify the nature and terms of long-term creditors introduced in 2024 and assess impact on cash flow.
• Obtain management accounts or turnover data to evaluate revenue stability and profitability trends.
• Review governance structure and any minority shareholder protections given sole control by Mr Daniel Clark.
• Confirm that accounting policies for recognizing turnover and asset valuation are consistently applied.
• Assess any contingent liabilities or off-balance-sheet obligations not reflected in the accounts.