Company Number: 13157049

Analysis Date: 2025-07-29 13:53 UTC

1. Risk Rating: LOW

Justification: The company is classified as a micro-entity with modest financial figures but shows a positive net current asset position and no overdue filings. The business only recently commenced trading (March 2023), and the accounts indicate sufficient working capital relative to liabilities, suggesting low immediate solvency and liquidity risk.

2. Key Concerns:

• Very limited financial scale: Current assets and net assets are below £1,000, which indicates minimal operational scale and may constrain growth or resilience to shocks.
• No employees: The lack of employees beyond directors may limit operational capacity and sustainability if business activity increases.
• Early stage trading history: The company only started trading in 2023, so there is limited financial history to fully assess operational stability or profitability trends.

3. Positive Indicators:

• Filing compliance: Both annual accounts and confirmation statement are up to date with no overdue filings, indicating good regulatory compliance.
• Positive net current assets: At £199 as of January 2024, the company has more current assets than liabilities, a positive liquidity sign.
• No external indebtedness indicated: The absence of significant liabilities or creditors reduces solvency concerns at this stage.

4. Due Diligence Notes:

• Investigate business model and revenue generation: Given the micro scale and recent trading, understanding the revenue streams, customer base, and growth prospects would be important.
• Review cash flow forecasts: To confirm that the company can maintain liquidity as it scales operations.
• Verify director backgrounds and governance: Although directors appear compliant, a review of their experience and conduct records would provide additional insight into management quality.