Company Number: 13110997

Analysis Date: 2025-07-19 12:21 UTC

1. Risk Rating: LOW
   The company demonstrates positive net assets, growing turnover, and no overdue filings. It operates within the micro-entity category with stable financials and no indications of insolvency or regulatory breaches.

2. Key Concerns:

• Limited scale and turnover (£24,675 in 2024) restrict business resilience and growth potential.
• Absence of detailed liabilities data beyond current liabilities may mask contingent obligations.
• Director turnover and concentration of control (one director holds 75-100% voting rights) could present governance risks.

3. Positive Indicators:

• Consistent increase in turnover and net assets over the last three years, indicating improving operational performance.
• Positive net current assets (£9,015) and net assets suggest solvency and ability to meet short-term obligations.
• Timely submission of both accounts and confirmation statements, indicating regulatory compliance.

4. Due Diligence Notes:

• Review detailed notes on liabilities and any off-balance-sheet commitments not disclosed in these accounts.
• Assess cash flow dynamics beyond balance sheet snapshots, including debtor collection and payment terms.
• Investigate governance structure implications given the dominant control of one director and recent director resignation.
• Verify the nature and sustainability of revenue streams in the retail mail order/Internet sales sector.