Company Number: 12912220

Analysis Date: 2025-07-29 18:26 UTC

1. Risk Rating: LOW
   The company demonstrates positive net current assets and net assets with a consistent upward trend in working capital and shareholders’ funds over recent years. There are no overdue filings, and it remains active with no indication of insolvency or distress.

2. Key Concerns:

• Very minimal fixed assets (£200 in 2024), indicating limited investment in long-term operational capacity.
• Small scale of operations (micro-entity status with only 2 employees), which might limit business resilience and growth prospects.
• Limited financial and operational detail beyond balance sheet data restricts deeper insight into profitability and cash flow sustainability.

3. Positive Indicators:

• Net current assets have increased from £1,149 in 2020 to £5,251 in 2024, reflecting improved liquidity.
• Shareholders funds have grown steadily from £1,949 in 2020 to £5,451 in 2024, suggesting retention of earnings or capital injection.
• No overdue accounts or confirmation statements, indicating compliance with statutory obligations.
• Operating in the take-away food sector, which can be cash-generative if well-managed.

4. Due Diligence Notes:

• Review profit and loss details and cash flow statements to confirm operational profitability and cash generation, as these are unavailable in the current data.
• Confirm the nature of current assets (e.g., cash versus receivables or stock) to assess true liquidity.
• Investigate any contingent liabilities or off-balance sheet obligations not disclosed in the micro-entity accounts.
• Understand the business model and competitive position to assess sustainability beyond balance sheet strength.
• Verify director background and governance practices, noting that only one director is named and no PSC information is provided.