Company Number: 15055452

Analysis Date: 2025-07-20 15:29 UTC

1. Risk Rating: LOW
   Justification: The company is newly incorporated (less than 1 year old) and classified as a micro-entity with minimal financial data available. Its latest accounts show positive net current assets and no overdue filings, suggesting current compliance and no immediate solvency concerns. However, limited operational history restricts deeper risk assessment.

2. Key Concerns:

• Minimal Net Assets: The company has very low net assets (£15), indicating limited financial buffer against liabilities or operational setbacks.
• No Employees or Operational History: The accounts report zero employees and no detailed revenue or profit figures, raising uncertainty about ongoing business activities and sustainability.
• Concentrated Control: 100% ownership and control by a single director (Mr Tongping Xue) may present governance risks, particularly in the absence of additional management or oversight structures.

3. Positive Indicators:

• Compliance: The company has filed both accounts and confirmation statements on time, demonstrating adherence to regulatory requirements.
• Positive Working Capital: Current assets exceed current liabilities, albeit marginally, suggesting the company can meet short-term obligations as of the reporting date.
• Clear Ownership Structure: The sole director and shareholder are clearly identified, facilitating accountability.

4. Due Diligence Notes:

• Investigate Business Activity: Confirm whether the company is actively trading in the takeaway food sector (SIC 56103) or remains dormant despite being active.
• Review Financial Projections and Cash Flows: Assess management plans and liquidity forecasts to evaluate operational sustainability given minimal net assets and no employees.
• Assess Director’s Background: Verify the director’s experience and any potential related party transactions or risks given sole control.
• Monitor Future Filings: Ensure continued timely filing and any material changes in financial position or governance.