Company Number: 15266783

Analysis Date: 2025-07-29 15:16 UTC

1. Risk Rating: MEDIUM
   The company is newly incorporated (November 2023) with micro-entity status and minimal financial history. The net assets are positive but very low (£571), with net current liabilities indicating a slight working capital deficit. While there are no overdue filings and the company is active, the limited operational track record and thin capital base suggest moderate risk.

2. Key Concerns:

• Working Capital Deficit: Current liabilities (£13,084) exceed current assets (£11,201), resulting in negative net current assets (-£1,883), which could pose short-term liquidity challenges.
• Very Low Net Assets: The total net assets stand at only £571, indicating limited financial buffer against unexpected expenses or downturns.
• Single Director and Shareholder Control: The company is wholly controlled by one individual, which may present governance and continuity risks if that individual becomes unavailable or disengaged.

3. Positive Indicators:

• Up-to-date Compliance: Both accounts and confirmation statement filings are current with no overdue notices, indicating good regulatory compliance.
• Micro-entity Exemption Appropriately Applied: The company is correctly filing under micro-entity provisions, reducing administrative burden and expense.
• No Indications of Insolvency or Liquidation: The company status is active with no signs of distress or formal insolvency proceedings.

4. Due Diligence Notes:

• Review the company’s cash flow projections and bank statements to assess the ability to manage current liabilities given the working capital deficit.
• Investigate the nature and timing of current liabilities to determine if they are short-term payables or potentially longer-term obligations misclassified.
• Seek further information on business operations and revenue generation since incorporation to evaluate sustainability and growth prospects.
• Confirm if there are any related party transactions or financial support from the sole director/shareholder that may not be reflected in the accounts.
• Monitor any changes in director or shareholder structure as the company matures.