Company Number: 13812825

Analysis Date: 2025-07-29 16:39 UTC

1. Risk Rating: LOW
   The company demonstrates a solid net asset position with positive net current assets and shareholders' funds that have increased significantly over recent years. There are no overdue filings or indications of financial distress, and the company maintains compliance with filing deadlines.

2. Key Concerns:

• High corporation tax creditor (£32,089 in 2024) relative to current liabilities may indicate a significant tax payment obligation that requires cash flow management.
• Directors' loan accounts balance (£5,837 in 2024) should be monitored for repayment terms and potential impact on liquidity.
• Very low tangible fixed asset base (£214 in 2024) might limit collateral availability for external financing if required.

3. Positive Indicators:

• Strong liquidity position evidenced by cash balances increasing from £45,212 in 2021 to £95,186 in 2024.
• Increasing net assets and shareholders’ funds from £19,649 in 2021 to £44,980 in 2024 reflect retained earnings and financial growth.
• No overdue accounts or confirmation statements, indicating good regulatory compliance and governance.
• Stable management team with two directors who are also majority shareholders, suggesting aligned interests and control.

4. Due Diligence Notes:

• Review the nature and timing of corporation tax liabilities to assess cash flow impact and confirm tax strategy or any deferred payment arrangements.
• Investigate directors’ loan account terms to understand repayment schedules and any potential claims on company cash.
• Evaluate revenue streams and profitability trends beyond balance sheet to assess operational sustainability, as turnover and profit data are not available in the current dataset.
• Confirm absence of any director disqualifications or litigation risks through external databases.
• Consider obtaining detailed management accounts or forecasts to validate continued liquidity improvement and operational plans.