Company Number: 15706173

Analysis Date: 2025-07-29 13:04 UTC

1. Risk Rating: LOW

The company is newly incorporated (May 2024) with its first set of filed accounts for the 13-month period ending May 2025. The financials indicate a modest but positive net asset position (£3,840) and net current assets of the same amount. There are no overdue filings or compliance issues noted. While the scale of operations is very small, the absence of liabilities and compliance with filing deadlines supports a low immediate risk profile.

2. Key Concerns:

• Very limited financial scale: Current assets and net assets are minimal, indicating the company is at an early stage and likely dependent on ongoing capital infusion or revenue growth to sustain operations.
• Single director and shareholder: Control is highly concentrated in one individual, which may increase governance risk.
• Lack of profitability or operational data: The accounts do not disclose any turnover, costs, or profit figures, limiting insight into operational stability or cash flow sufficiency.

3. Positive Indicators:

• Full compliance with filing deadlines: both accounts and confirmation statement are up to date and not overdue.
• Positive net current assets and no reported liabilities, implying solvency at balance sheet date.
• Clear ownership and control structure with the director also being the sole shareholder, reducing complexity in decision making.

4. Due Diligence Notes:

• Obtain detailed management accounts or cash flow forecasts to assess operational sustainability and liquidity beyond the opening balance sheet.
• Review business plan and revenue generation model given the SIC code for retail clothing and absence of turnover figures.
• Monitor director’s background and capacity to sustain the business given sole responsibility and limited financial resources.
• Confirm if the company has any external funding arrangements or credit facilities to cover ongoing working capital needs.