Company Number: NI701274

Analysis Date: 2025-07-20 14:29 UTC

1. Risk Rating: LOW

Justification: The company is newly incorporated (September 2023) with positive net current assets and shareholders’ funds reported as at 30 September 2024. There are no overdue filings or indications of financial distress. The sole director and significant controller is the same individual, suggesting close oversight. The financial statements show modest operations with no liabilities beyond immediate current creditors.

2. Key Concerns:

• Limited operational history: Being less than one year old limits the ability to assess long-term sustainability or performance trends.
• Modest asset base and working capital: Net current assets of £4,299 and cash of £7,979 are low, which may constrain operational flexibility.
• Single director/shareholder structure: While common in micro businesses, this concentration could pose governance and succession risks.

3. Positive Indicators:

• Compliance: All statutory filings (accounts and confirmation statements) are up to date with no overdue penalties.
• Positive net assets and working capital: The company reports net assets of £4,299 and a positive net current asset position, indicating solvency at the reporting date.
• Clear accounting policies and professional preparation: Accounts prepared under UK GAAP (FRS 102 Section 1A) and signed off by a Chartered Accountant firm, indicating adherence to financial reporting standards.

4. Due Diligence Notes:

• Investigate business plan and expected revenue streams given the SIC code (85590 - other education not elsewhere classified) to assess operational sustainability.
• Review cash flow forecasts and funding arrangements to confirm liquidity beyond the reporting date.
• Confirm absence of related party transactions or contingent liabilities given the sole director’s role.
• Monitor future filings for growth trends, profitability, and changes in capital structure.
• Verify no director disqualifications or adverse regulatory history for Mr. Christopher Donnelly beyond currently available records.