Company Number: 13679729

Analysis Date: 2025-07-29 17:14 UTC

1. Risk Rating: LOW
   The company shows a strong improvement in net assets and working capital from 2023 to 2024, indicating a stable solvency position and no immediate liquidity concerns. Compliance with filing deadlines and small scale operations reduce complexity and risk.

2. Key Concerns:

• Rapid growth in net current assets between 2023 (£1,486) and 2024 (£10,119) may warrant verification to confirm sustainability and avoid one-off inflows skewing liquidity.
• Limited employee base (only 1 employee) could pose operational risks if key personnel are unavailable.
• No audit performed due to micro-entity status; financial data is unaudited which may limit assurance on accuracy.

3. Positive Indicators:

• Positive and increasing net assets year-on-year, from £214 in 2023 to £12,840 in 2024, reflecting improving financial health.
• Current liabilities decreased slightly while current assets more than doubled in 2024, strengthening liquidity.
• No overdue filings for accounts or confirmation statements, demonstrating good regulatory compliance.
• Ownership and control consolidated under a single director with professional credentials (chartered accountant), suggesting competent governance.

4. Due Diligence Notes:

• Review detailed source of increase in current assets and net assets in 2024 to assess sustainability and nature of cash or receivables.
• Confirm the operational model given the single employee, particularly reliance on the director or outsourcing arrangements.
• Verify any contingent liabilities or off-balance sheet items not reflected in micro-entity accounts.
• Consider reviewing director’s conduct record and background further despite professional status, to confirm no hidden governance risks.