Company Number: 15077371

Analysis Date: 2025-07-20 14:48 UTC

1. Risk Rating: MEDIUM
   The company shows a marginally positive net current asset position (£1,089) and net assets of the same amount, indicating it currently meets its short-term obligations by a narrow margin. However, the low level of assets relative to current liabilities and absence of employees suggest limited operational scale and potential vulnerabilities in liquidity.

2. Key Concerns:

• Liquidity Buffer is Thin: Cash and current assets (£42,288) barely exceed current liabilities (£41,199) by a small margin, which raises concerns about the company’s ability to withstand unexpected cash flow shocks.
• No Operational Scale: The company has zero employees during the period and very limited activity, indicating it may still be in early stages or not yet fully operational, which could impact sustainability.
• Limited Financial History and Transparency: Being newly incorporated in August 2023 with only one set of unaudited abridged accounts limits insight into financial performance trends and risk factors.

3. Positive Indicators:

• Compliance with Filing Requirements: The company is current with both accounts and confirmation statement filings, indicating good regulatory compliance and governance practices.
• Clear Ownership and Control: Single director and 75-100% shareholder (Lucinda Jamieson) provides clarity on control and decision-making authority, which can facilitate quick decisions.
• No Indication of Financial Distress: No formal insolvency proceedings, overdue filings, or audit qualifications are present.

4. Due Diligence Notes:

• Investigate the nature and sustainability of the company’s revenue streams and client contracts given the low turnover and zero employees.
• Confirm the adequacy of working capital arrangements and availability of external financing if needed to meet liabilities.
• Review the director’s plans and business model to understand growth prospects and operational strategies.
• Verify the completeness and accuracy of debtors and creditors balances given the small scale and unaudited accounts.
• Monitor future filings for any changes in financial position or operational scale.