Company Number: 15099145

Analysis Date: 2025-07-29 20:22 UTC

1. Risk Rating: MEDIUM
   Justification: The company is very recently incorporated (August 2023) with only one full financial year reported. It shows positive net current assets and net assets but has a significant creditor balance due after one year, suggesting some long-term liabilities. The small equity base and early stage of operations moderate the risk assessment.

2. Key Concerns:

• Long-term Creditors: £170,000 due after more than one year is sizable relative to net assets (£7,141), indicating potential solvency pressure if not managed carefully.
• Limited Operating History: Being less than one year old with minimal financial data limits visibility on operational sustainability.
• Single Director and Shareholder Control: Total control by one person concentrates governance risk and may impact oversight and decision making.

3. Positive Indicators:

• Positive Net Current Assets: £177,141 suggests good short-term liquidity to meet immediate obligations.
• No Overdue Filings: Both accounts and confirmation statement are filed timely, indicating compliance discipline.
• Micro-entity Status: Simplified reporting reduces administrative burden and cost, suitable for the current scale.

4. Due Diligence Notes:

• Clarify nature and terms of the £170,000 long-term creditors to assess repayment risk and covenant requirements.
• Review cash flow projections and business plan to evaluate sustainability and ability to service liabilities.
• Confirm background and experience of sole director regarding management capability and governance.
• Monitor upcoming filings and any changes in shareholding or directorship for governance stability.