Company Number: 14616843

Analysis Date: 2025-07-29 19:24 UTC

1. Risk Rating: MEDIUM
   The company shows improving net assets and cash balances, which supports solvency and liquidity. However, limited operational history (incorporated 2023) and relatively modest scale of current assets and liabilities suggest some caution. The presence of overdue liabilities related to taxation and social security, while currently met, warrants monitoring.

2. Key Concerns:

• Short Operating History: Incorporated in early 2023 with only two full years of financial data, limiting trend analysis and operational resilience assessment.
• Tax and Social Security Creditors: Significant increase in taxation and social security liabilities (£16,564 in 2025 vs. £4,108 in 2024) could indicate cash flow timing issues or tax planning risk.
• Director Turnover: One director resigned in early 2024 within a year of appointment, which may raise governance or operational continuity questions.

3. Positive Indicators:

• Strong Cash Position: Cash increased from £22,920 to £118,652 over two years, indicating improved liquidity and ability to meet short-term obligations.
• Positive Net Current Assets: £77,606 in 2025, up from £17,514 in 2024, showing healthy working capital.
• No Overdue Filings: Both accounts and confirmation statements are filed on time, indicating good regulatory compliance.
• Clear Shareholder Control: Two shareholders with significant and balanced control, suggesting stable ownership structure.

4. Due Diligence Notes:

• Review the nature and timing of tax liabilities and payments to confirm no underlying disputes or deferred payments that could impact cash flow.
• Investigate the reasons for director resignation and any impact on company governance or strategic direction.
• Confirm revenue streams and contract stability given the SIC codes relate to property management and real estate agencies, sectors sensitive to economic cycles.
• Assess any off-balance sheet commitments or contingent liabilities not reflected in the accounts.
• Review customer and supplier relationships to verify sustainability of operations given the small employee base.