Company Number: 14384996

Analysis Date: 2025-07-29 17:39 UTC

1. Risk Rating: LOW
   Pillbox Media Limited demonstrates improved financial footing in its latest reporting period with positive net current assets and shareholders' funds, a sign of solvency. The company is current with its filing obligations and shows no indications of financial distress or regulatory non-compliance.

2. Key Concerns:

• The company has no employees, which may indicate reliance on directors or contractors and could affect operational scalability and sustainability.
• Share capital is nominal (£8.00), suggesting limited initial investment which might constrain growth or cash reserves.
• The company is very young (incorporated in late 2022) with only two years of financial history, limiting trend analysis and increasing uncertainty about long-term viability.

3. Positive Indicators:

• The latest accounts show a positive net current asset position (£3,710) compared to previous years’ deficits, indicating improved liquidity and solvency.
• No overdue filings for accounts or confirmation statements, reflecting sound compliance with regulatory requirements.
• Directors and Persons with Significant Control (PSC) are clearly identified, with no disqualifications noted, supporting governance transparency.
• Operating within a defined niche (artistic creation and video production activities) which may benefit from growing digital content demand.

4. Due Diligence Notes:

• Investigate the nature and source of current assets (£9,047) to verify cash or near-cash availability versus receivables or other less liquid assets.
• Review cash flow statements or management accounts if available to assess ongoing liquidity and ability to cover short-term liabilities (£5,337).
• Clarify business model and revenue generation plans given no employees and nominal share capital; understand how operations are conducted and funded.
• Confirm any related party transactions or director loans which might not be evident in micro-entity filings.
• Monitor ongoing compliance and filing timeliness as the company grows, especially as it surpasses micro-entity thresholds.