Company Number: 15113541

Analysis Date: 2025-07-20 14:02 UTC

1. Risk Rating: LOW
   The company is newly incorporated (September 2023) and classified as a micro-entity with modest net assets and positive net current assets. There are no overdue filings, no indication of insolvency or financial distress, and it is actively maintained by a single director who is also the sole beneficial owner.

2. Key Concerns:

• Limited Operating History: Being less than two years old, the company’s financial track record is minimal, which limits assessment of operational sustainability and revenue generation capacity.
• Modest Net Assets: Net assets stand at £9,485 with net current assets of £24,232; while positive, these figures are low and may limit the company’s ability to absorb financial shocks.
• Deferred Income (£14,747): The presence of significant accruals and deferred income relative to net assets could imply liabilities or obligations that need to be monitored closely for cash flow timing.

3. Positive Indicators:

• Compliance: The company has filed accounts and confirmation statements on time, indicating good regulatory discipline.
• Ownership and Control: Sole ownership and directorship by a qualified solicitor (the director’s occupation) suggests clear control and potentially professional management aligned with the company’s legal services SIC code.
• Positive Net Working Capital: Current assets exceed current liabilities by a comfortable margin, a positive sign for short-term liquidity.

4. Due Diligence Notes:

• Review detailed revenue, expense, and cash flow figures to assess operational sustainability, especially since the company is a start-up in the solicitor services sector.
• Clarify the nature and timing of deferred income and accruals to understand any contingent liabilities or upcoming obligations.
• Monitor future filings and growth trajectory given the limited financial history to ensure the business model is viable and scaling appropriately.
• Confirm no director disqualifications or legal issues with the sole director, given her pivotal role.