Company Number: 14194745

Analysis Date: 2025-07-20 15:40 UTC

1. Risk Rating: HIGH
   Justification: The company's financial position shows extremely minimal net assets (£45 as of June 2024) with current assets barely exceeding current liabilities, indicating very limited working capital. The micro-entity scale and minimal employee count (1 person) suggest a very small operation with constrained financial resilience.

2. Key Concerns:

• Solvency Risk: The net asset position is negligible and virtually unchanged over three years, suggesting limited buffer to absorb losses or meet obligations beyond immediate liabilities.
• Liquidity Concerns: Current assets are almost equal to current liabilities, leaving almost no margin for cash flow difficulties or unexpected expenses.
• Operational Stability: With only one employee and minimal financial resources, the sustainability of business operations in a general medical practice sector—which can require regulatory compliance and operational capacity—is questionable.

3. Positive Indicators:

• Compliance: The company is active, not in liquidation or administration, and filings (accounts and confirmation statements) are up to date with no overdue notices.
• No Audit Requirement: As a micro-entity, the company benefits from simplified reporting and exemption from audit, reducing administrative burdens and costs.
• Consistent Reporting: The company has maintained consistent reporting over three financial years since incorporation, reflecting at least minimal organizational discipline.

4. Due Diligence Notes:

• Revenue and Profitability: No income statement was filed; it is essential to verify the company’s revenue streams, profitability, and cash flow to assess operational viability.
• Director and Ownership Details: Confirm that the sole director has no history of disqualifications or adverse conduct records. Also, verify the identity and financial backing of the shareholder(s) given the minimal equity.
• Industry-specific Compliance: As a general medical practice, ensure the company holds all necessary licenses, registrations, and complies with healthcare regulations and standards.
• Cash Flow Projections: Investigate management’s plans for improving liquidity and financial stability, including any reliance on external funding or credit facilities.