NEW TINGS GRILL AND BAR LIMITED

Executive Summary

NEW TINGS GRILL AND BAR LIMITED demonstrates a low risk profile based on current micro-entity financials showing positive net assets and good compliance. However, its very small scale and single-person control warrant closer review of operational sustainability and liquidity trends. No immediate solvency or regulatory red flags are evident from the available data.

NEW TINGS GRILL AND BAR LIMITED - Analysis Report

Company Number: 14378690

Analysis Date: 2025-07-29 16:57 UTC

1. Risk Rating: LOW
   The company shows positive net assets and net current assets across the two most recent financial years with no overdue filings, indicating basic financial health and compliance.

2. Key Concerns:

• Very limited scale and operational size, with only one employee and micro-entity status, which may limit business resilience and scalability.
• Decline in current assets from £12,418 in 2023 to £8,119 in 2024, which could indicate tightening liquidity.
• Concentration of control in a single director/shareholder may present governance risks and potential challenges in oversight.

3. Positive Indicators:

• Positive net assets and net current assets in both years, reflecting solvency and ability to meet short-term obligations.
• No overdue accounts or confirmation statements, signifying good regulatory compliance.
• Steady increase in fixed assets from £6,195 to £7,900 suggesting some reinvestment in operations.

4. Due Diligence Notes:

• Examine the cash flow statement or management accounts to verify liquidity trends given the drop in current assets.
• Assess the business model sustainability given the micro-entity scale and single employee structure.
• Confirm absence of any contingent liabilities or off-balance sheet risks.
• Review governance structure and director’s background for any risks related to single-person control.