Company Number: 13437148

Analysis Date: 2025-07-29 15:43 UTC

1. Risk Rating: LOW
   Nourish & Glow Limited demonstrates improving financial health with positive net current assets and shareholders’ funds over the last three years. There are no overdue filings or indications of regulatory non-compliance. The company operates within a micro-accounting category, with minimal but satisfactory financial disclosures.

2. Key Concerns:

• Modest scale and asset base: Fixed assets and current assets are relatively small (£978 and £9,851 respectively in 2024), which may limit operational flexibility and capacity for growth.
• Director loans: The company has unsecured, interest-free loans to directors totaling £5,004, which although repayable on demand, may present related-party risk.
• Limited operational history: Incorporated in 2021, the company has a short trading history, which requires ongoing monitoring for sustainability and consistent profit generation.

3. Positive Indicators:

• Clear improvement in working capital: Net current assets increased from negative in 2021 (-£7,493) to positive £3,540 in 2024, indicating enhanced liquidity and ability to meet short-term obligations.
• Shareholders’ funds growth: Equity improved from a deficit of -£5,539 in 2021 to a positive £4,518 in 2024, reflecting retained earnings or capital injections.
• Compliance: All statutory filings (accounts and confirmation statements) are timely and up to date, showing good governance discipline.
• Directors’ stability: Both directors have maintained appointments since incorporation with no adverse records noted.

4. Due Diligence Notes:

• Review the nature and terms of director loans to assess any potential impact on liquidity or conflicts of interest.
• Assess recent trading performance and cash flow beyond balance sheet snapshots to confirm operational viability and profitability trends.
• Clarify business model and market positioning within retail of non-specialised food stores to understand competitive risks and growth prospects.
• Verify absence of contingent liabilities or off-balance-sheet obligations not disclosed in the micro-entity accounts.
• Monitor for any changes in director conduct or ownership structure that may affect governance.