Company Number: 15113883

Analysis Date: 2025-07-29 20:34 UTC

1. Risk Rating: LOW

Justification: The company is very recently incorporated (September 2023) and has filed timely accounts with no overdue filings. The financial position shows modest positive net current assets and net assets, indicating a basic ability to meet short-term liabilities. There are no indications of insolvency or regulatory non-compliance at this early stage.

2. Key Concerns:

• Limited Operating History: Being less than two years old, the company lacks an established track record, making sustainability and operational stability uncertain.
• Minimal Capitalization: Share capital of only £300 and net assets under £2,000 suggest very limited financial resources.
• Lack of Profit and Loss Data: The absence of filed profit and loss accounts means no visibility on operational performance, cash flow, or profitability.

3. Positive Indicators:

• Compliance: All statutory filings including accounts and confirmation statements are up to date with no overdue notices.
• Positive Net Current Assets: Current assets exceed current liabilities by approximately £1,900, indicating short-term solvency.
• Clear Control and Governance: Sole director and 100% shareholder are the same person, simplifying decision-making and accountability.

4. Due Diligence Notes:

• Obtain full profit and loss information and cash flow statements to assess operational viability and liquidity.
• Review business plan and funding strategy given the very small capital base.
• Monitor future filings for any changes in financial position or delayed submissions indicating distress.
• Confirm nature and scale of business activities in the performing arts sector to understand revenue generation potential.