Company Number: 14349184

Analysis Date: 2025-07-20 13:01 UTC

1. Risk Rating: MEDIUM
   The company shows a recent but positive improvement in net assets and working capital, indicating some progress in financial stability. However, the presence of long-term liabilities and historical periods of negative net current assets introduce solvency and liquidity concerns typical of a young business still establishing its footing.

2. Key Concerns:

• Long-term Liabilities: As of 2024 year-end, the company reports £7,831 in creditors falling due after more than one year, which may strain future cash flows if not well managed.
• Historical Liquidity Issues: In previous years (2022 and 2023), net current assets were negative (£8,356), suggesting prior difficulties in meeting short-term obligations.
• Limited Operating History: Incorporated in late 2022, the company has limited financial history to assess sustained operational stability and profitability.

3. Positive Indicators:

• Improved Financial Position: The 2024 accounts show net assets of £17,124 and positive net current assets of £5,056, a marked improvement from the prior years’ net assets of only £140.
• Growing Workforce: Employee count increased from 2 to 3, indicating some business expansion and operational scaling.
• No Overdue Filings: All statutory accounts and confirmation statements are filed on time, demonstrating good regulatory compliance and governance discipline.

4. Due Diligence Notes:

• Review the nature and terms of the long-term liabilities to assess repayment risk and impact on cash flow.
• Examine detailed cash flow statements or management accounts (if available) to understand liquidity trends beyond balance sheet snapshots.
• Investigate revenue growth, client base stability, and contract terms especially given the SIC codes related to landscape and building development activities.
• Consider the director’s background and related party transactions, particularly as the sole director and significant controller is also a builder by occupation.
• Monitor upcoming filings and company announcements for any changes in financial health or operational direction.