Company Number: 13455273

Analysis Date: 2025-07-20 15:40 UTC

1. Risk Rating:
LOW to MEDIUM risk.
The company is relatively new (incorporated in 2021) and shows modest net assets and working capital with no overdue filings or indications of distress. However, net assets are very low at £371, and there is a significant long-term creditor balance that warrants caution.

2. Key Concerns:

• Low Net Asset Base: Shareholders’ funds are minimal (£371), which indicates limited equity buffer against liabilities. This could be a concern if unexpected expenses arise or business conditions worsen.
• Long-Term Creditors: The company has £5,961 in creditors due after more than one year, almost matching total net assets, which may indicate reliance on external financing or deferred payments that could pressure future liquidity.
• Dependence on a Single Director/PSC: The company is controlled entirely by one director and shareholder, which may concentrate operational and governance risks if that individual is unavailable or if conflicts arise.

3. Positive Indicators:

• Positive Net Current Assets: The company maintains positive net current assets (£4,239 in 2024), suggesting it can meet short-term liabilities with current assets.
• No Overdue Filings: Both accounts and confirmation statement are filed on time, indicating compliance with statutory requirements and good governance practices.
• Increasing Cash Position: Cash at bank rose significantly from £1,068 in 2023 to £6,699 in 2024, improving liquidity.
• Stable Operations: The company has maintained consistent operations with one employee and tangible fixed assets (computer equipment), showing some operational stability.

4. Due Diligence Notes:

• Examine Nature of Long-Term Creditors: Clarify the composition and terms of the £5,961 creditors due after more than one year to assess refinancing or repayment risks.
• Review Profitability and Cash Flows: Although profit/loss information is not disclosed in abridged accounts, understanding recent profitability and cash generation is crucial to assess sustainability.
• Confirm Financial Projections and Business Model: Given the small scale and single-person operation, verify the business plan, client base, and revenue streams for ongoing viability.
• Assess Director’s Background and Capacity: Given sole control by the director, review their experience, commitment, and any potential conflicts or restrictions.
• Investigate Contingent Liabilities or Off-Balance Sheet Risks: No such details are disclosed; further inquiry may be warranted.