Company Number: 13517300

Analysis Date: 2025-07-20 12:31 UTC

1. Risk Rating: LOW
   The company demonstrates a strong liquidity position with significant cash balances relative to current liabilities and positive net current assets. It maintains compliance with filing deadlines and has no indications of insolvency or regulatory issues. The absence of employees and limited liabilities further reduces operational risk.

2. Key Concerns:

• Concentration Risk: The company operates as a private entity limited by guarantee with no share capital, which may limit capital raising options.
• Debtors Fluctuation: A substantial reduction in debtor balances from £90,200 in 2023 to £20,100 in 2024 should be understood to ensure it does not signal collection issues or revenue volatility.
• Limited Financial Detail: The abridged unaudited accounts provide limited insight into profitability or cash flow beyond balance sheet snapshots, restricting comprehensive operational assessment.

3. Positive Indicators:

• Strong Liquidity: Cash reserves of £133,363 against current liabilities of £22,483 provide a robust short-term financial cushion.
• Timely Compliance: Up-to-date filing of accounts and confirmation statements indicates good governance and regulatory compliance.
• Stable Net Assets: Shareholders’ funds increased from £114,372 (2023) to £130,980 (2024), indicating retained surpluses or asset growth.

4. Due Diligence Notes:

• Review underlying reasons for debtor balance reduction and verify collectability of outstanding receivables.
• Examine the income and expenditure account or full profit and loss details (not filed) to assess operational sustainability and revenue streams.
• Clarify the company’s business model and funding sources given the absence of employees and limited capital structure.
• Confirm no outstanding contingent liabilities or off-balance sheet risks given the limited disclosures.