Company Number: SC814584

Analysis Date: 2025-07-29 12:20 UTC

1. Risk Rating: MEDIUM
   Justification: OSSINGTON DESIGN LIMITED is a newly incorporated micro-entity with very limited financial history and modest turnover. The company currently shows positive net assets and profitability, but the absolute scale of operations is small and current assets are zero, indicating potential liquidity constraints. The overdue confirmation statement filing is a minor compliance concern.

2. Key Concerns:

• Liquidity Position: Current assets are zero with no current liabilities, suggesting no working capital buffer or cash reserves to meet short-term obligations if they arise.
• Operational Scale & Stability: The company generated £36,900 turnover and a £26,159 profit in its first year, which is very modest. Sustainability of revenue and profitability beyond start-up phase is uncertain.
• Regulatory Compliance: Confirmation statement filing is overdue, which may indicate lapses in governance or administrative oversight.

3. Positive Indicators:

• Profitability: Despite small scale, the company reported a net profit of £26,159 after expenses and tax, indicating initial operational success.
• Shareholder Equity: Net assets equal shareholders funds at £8,894 with no reported liabilities, which provides a stable equity base relative to the business size.
• Sole Director and PSC Alignment: Clear ownership and control structure with one director and sole person of significant control, which simplifies governance and accountability.

4. Due Diligence Notes:

• Investigate cash flow details and bank balances to assess liquidity beyond year-end snapshot.
• Confirm status and timing of outstanding confirmation statement filing to understand governance practices.
• Evaluate business plan and pipeline to assess prospects for revenue growth and sustained profitability.
• Review director’s background and track record for operational and financial management experience.
• Monitor for any subsequent accounts filings or updates post initial reporting period.