Company Number: 13827690

Analysis Date: 2025-07-29 20:18 UTC

1. Risk Rating: MEDIUM
   The company shows positive net assets and shareholder funds, but working capital has declined significantly year-on-year. Limited operational scale and minimal employee base increase risk, although compliance and filings are up to date.

2. Key Concerns:

• Declining net current assets from £11,769 in 2023 to £4,035 in 2024, indicating potential liquidity tightening.
• Significant reduction in debtors from £16,116 to £5,064, which may impact future cash inflows.
• No employees reported, suggesting reliance on director(s) or subcontractors, potentially limiting operational stability and growth prospects.

3. Positive Indicators:

• The company remains active with no overdue filings or accounts, indicating regulatory compliance and governance discipline.
• Positive net assets and shareholder funds have increased from £1,118 to £3,000, showing some retained earnings or capital injection.
• Cash balance increased to £18,747 in 2024, which supports short-term liquidity despite reduced receivables.

4. Due Diligence Notes:

• Investigate the cause of the sharp fall in debtors and assess whether this reflects reduced sales or improved collections.
• Clarify business model and operational setup given zero employees, including the role of the director and any subcontracting arrangements.
• Review future revenue projections and cash flow forecasts to assess sustainability given shrinking net current assets.
• Confirm any contingent liabilities or off-balance sheet risks not disclosed in abridged accounts.