Company Number: 15112281

Analysis Date: 2025-07-20 14:31 UTC

1. Risk Rating: MEDIUM
   The company is a newly incorporated private limited company (since September 2023) with very limited financial history. The latest filed accounts show a small net asset base (£1,298) and negative net working capital (£-402), indicating potential liquidity constraints. However, there are no overdue filings or signs of distress at this early stage.

2. Key Concerns:

• Liquidity risk: Current liabilities (£7,299) slightly exceed current assets (£6,897), resulting in negative net current assets. This could indicate short-term cash flow pressure.
• Scale and sustainability: The company has only one employee (the director) and minimal fixed assets (£1,700), which may limit operational capacity and scalability.
• Concentration of control: Single director and sole shareholder holding 75-100% control may present governance and succession risks.

3. Positive Indicators:

• Compliance is up to date with no overdue accounts or confirmation statements.
• The company has maintained active status with continuing operations in the human health activities sector (SIC 86900).
• Modest positive net assets suggest some initial capitalisation and equity buffer.

4. Due Diligence Notes:

• Confirm the nature and reliability of the £6,408 debtors balance and its collectability given the small cash balance (£489).
• Investigate cash flow forecasts and plans to manage the slight negative working capital position.
• Review business plan and revenue generation status given the company’s very recent incorporation and small scale.
• Assess any related party transactions or loans from the principal director to sustain operations.
• Monitor governance framework given sole director/shareholder control.