Company Number: 12619250

Analysis Date: 2025-07-29 14:16 UTC

1. Risk Rating: LOW
   NUKO Planning Ltd demonstrates a stable financial position with positive net current assets and shareholders’ funds. The company has no overdue filings, is not in liquidation, and maintains adequate liquidity relative to its current liabilities.

2. Key Concerns:

• Increasing current liabilities: Current liabilities have roughly doubled from £9,280 (2023) to £18,269 (2024), indicating rising short-term obligations that should be monitored.
• Decrease in cash balance: Cash decreased from £17,809 (2023) to £15,213 (2024), which could indicate tighter liquidity or changing working capital needs.
• No employees: The company has reported zero employees, which may raise questions on operational scalability or reliance on contractors/directors for business activities.

3. Positive Indicators:

• Positive net current assets (~£20,700 in 2024) and shareholders’ funds (£21,117), indicating the company holds sufficient short-term assets to cover liabilities.
• No overdue statutory filings or accounts, reflecting good compliance and governance practices.
• Consistent or growing debtor balances, increasing from £13,770 (2023) to £23,770 (2024), suggesting business activity and receivables growth.
• No indication of director disqualifications or regulatory issues; directors appear stable and have been in place since incorporation.

4. Due Diligence Notes:

• Investigate the nature of the increased current liabilities, particularly "other creditors" which rose significantly from £6,885 to £16,297, to assess if these are trade payables or potentially strained supplier relationships.
• Clarify the reason for decreased cash despite increased debtors and net current assets; review cash flow statements if available to understand working capital movements.
• Confirm operational setup given no employees reported, to understand business sustainability and reliance on directors or subcontractors.
• Verify the extent of related party transactions or director loans, as small companies sometimes rely on these for liquidity.
• Review turnover and profit & loss data (not available in the filleted accounts) for a fuller picture of operational performance.