Company Number: 14720697

Analysis Date: 2025-07-20 16:28 UTC

1. Risk Rating: LOW to MEDIUM
   The company shows a positive net current asset position as of the latest financial year (2025), indicating it can meet short-term liabilities. However, the absolute amounts are very small, reflecting the micro-entity scale and relatively limited financial resources, which tempers the risk rating toward medium.

2. Key Concerns:

• Limited Financial Scale: Net assets of £1,272 and current assets just over £10k indicate very small operational scale, which may limit resilience to unexpected financial stress or growth funding.
• Recent Incorporation: Incorporated in March 2023, with only two years of financial history, limiting ability to assess long-term operational stability or trends.
• Single Shareholder and Director Control: One individual holds 75-100% ownership and full voting/control rights which may pose governance risks and limit oversight.

3. Positive Indicators:

• Positive Net Current Assets: Improved from a net current liability position in 2023/24 to a positive £1,272 in 2024/25, showing some strengthening liquidity.
• No Overdue Filings: Both accounts and confirmation statements are filed on time, indicating compliance with regulatory obligations.
• Incremental Employee Growth: Increase from 1 to 2 employees suggests some measured operational expansion.

4. Due Diligence Notes:

• Review the company’s business model and revenue streams given micro scale and “Other retail sale in non-specialised stores” SIC code to assess sustainability.
• Confirm the source of working capital and funding arrangements supporting the small asset base.
• Investigate any related party transactions or risk due to concentrated ownership and control.
• Monitor subsequent filings and financial updates for evolving financial health and liquidity trends.
• Evaluate the background and track record of the sole director/shareholder for governance and operational experience.