Company Number: 13129254

Analysis Date: 2025-07-20 16:50 UTC

1. Risk Rating: LOW
   The company exhibits stable net assets, positive working capital, and no overdue filings. Its micro-entity size and compliance with filing deadlines indicate low immediate risk regarding solvency and regulatory compliance.

2. Key Concerns:

• Decline in net assets from £26,976 (2023) to £21,793 (2024), partially due to a £3,808 provision for liabilities, which may indicate emerging obligations or risks.
• Very limited scale of operations (micro-entity with one employee and minimal fixed assets), which could limit business resilience and growth potential.
• Lack of detailed profit and loss data or cash flow information restricts assessment of operational performance and liquidity dynamics.

3. Positive Indicators:

• Consistent positive net current assets (~£24,000+), indicating the company can cover short-term liabilities with current assets.
• No overdue accounts or confirmation statements, demonstrating good regulatory compliance and governance discipline.
• Stable director presence with no indication of disqualifications or governance issues.

4. Due Diligence Notes:

• Investigate the nature and reason for the £3,808 provision for liabilities recorded in 2024 to understand potential future cash outflows or contingent risks.
• Obtain detailed profit and loss and cash flow statements to assess operational profitability, cash generation, and sustainability.
• Confirm the business model and revenue trends in the retail mail order/internet sales sector to evaluate market position and growth prospects.
• Review director background and any related party transactions given the single director structure.