Company Number: 13585642

Analysis Date: 2025-07-29 20:02 UTC

1. Risk Rating: LOW
   NSA Therapy Services Limited demonstrates a stable financial position with positive net current assets and shareholders’ funds that have increased steadily over the past three years. The company is compliant with filing deadlines and is exempt from audit due to its micro-entity status, which is consistent with its size.

2. Key Concerns:

• The company employs no staff currently (average number of employees is nil for 2024), which may raise questions about operational capacity or reliance on external contractors or directors.
• Director’s loans are present, with a small outstanding balance (£604), indicating some financial transactions between the director and company that should be monitored for potential conflicts or cash flow impact.
• Limited financial disclosures due to micro-entity filing regime restrict deeper analysis of profitability and cash flow trends.

3. Positive Indicators:

• Consistent growth in net current assets and shareholders’ funds over the last three years, indicating financial stability.
• Current liabilities remain low relative to current assets, suggesting good short-term liquidity.
• No overdue filings and an active company status reflect good regulatory compliance.
• The company’s industry classification (Other human health activities) generally implies a potentially stable demand sector.

4. Due Diligence Notes:

• Examine the business model and operational structure given the absence of employees to understand sustainability and revenue generation.
• Review the director’s loan arrangements for terms and implications on cash flows and related party transactions.
• Assess any additional financial information or management accounts not included in statutory filings to evaluate profitability and cash flow dynamics.
• Confirm no pending legal or regulatory issues beyond Companies House filings that might impact future operations.