Company Number: 14459391

Analysis Date: 2025-07-20 17:46 UTC

1. Risk Rating: LOW

The company presents a low risk profile based on the available data. It is active, timely with its statutory filings, and shows a positive net asset position that has grown year over year. The micro-entity classification limits detailed financial disclosure, but the balance sheet and working capital position indicate solvency and reasonable liquidity for its size.

2. Key Concerns:

• Limited financial history: Incorporated in late 2022, the company has a short operating track record, which limits the ability to assess longer-term operational stability.
• Small scale of operations: The company is a micro-entity with modest fixed assets and working capital, making it potentially vulnerable to market fluctuations or unexpected cash flow pressures.
• Concentrated control: A single director and 75-100% shareholder controls all voting rights and director appointments, which could raise governance and succession risks.

3. Positive Indicators:

• Positive net current assets and net assets that increased from £19,733 in 2023 to £26,251 in 2024, indicating improved financial strength and liquidity.
• No overdue filings for accounts or confirmation statements, demonstrating regulatory compliance and good governance practices to date.
• Growth in current assets from £22,882 to £37,397 suggests improved cash or receivables position, supporting operational liquidity.

4. Due Diligence Notes:

• Verify the nature and composition of current assets, particularly cash balances versus receivables or inventory, to confirm liquidity quality.
• Assess the sustainability of the business model given its micro-entity size in the retail mobile telephone sector.
• Review any underlying contracts or customer concentration to evaluate operational risks.
• Understand governance arrangements given sole control by one individual and the potential for related party transactions.