Company Number: 15055136

Analysis Date: 2025-07-20 12:48 UTC

1. Risk Rating: MEDIUM
   The company is very new and small (micro-entity) with limited financial history. While it is currently active and filings are up to date, it reports net current liabilities and minimal shareholders funds, indicating some liquidity constraints. The small scale and negative working capital present moderate solvency and liquidity risks typical for a startup phase.

2. Key Concerns:

• Negative net current assets (£-9,659) suggest potential short-term liquidity difficulties to meet immediate obligations.
• Minimal equity base (£594) and low share capital (£1) imply limited financial buffer against operational setbacks.
• Recent director changes (resignation and new appointment within less than two years) could hint at governance or operational instability during critical early growth.

3. Positive Indicators:

• The company is compliant with filing deadlines for accounts and confirmation statements, showing good regulatory adherence.
• The business operates within a specialized construction sector (utility projects for electricity and telecommunications), which may have steady demand.
• The presence of a significant controlling shareholder with full voting rights and director appointment powers can facilitate decisive governance and strategic direction.

4. Due Diligence Notes:

• Investigate the nature of current liabilities and any upcoming maturity profiles or related party transactions that might affect liquidity.
• Review cash flow forecasts or management accounts to assess operational cash generation or funding plans.
• Clarify reasons for director turnover and evaluate the stability and experience of the current management team.
• Confirm if there are any contingent liabilities or ongoing disputes not reflected in accounts given the small size and early stage of the company.