Company Number: 13118331

Analysis Date: 2025-07-29 12:10 UTC

1. Risk Rating: HIGH
   Justification: The company shows extremely minimal turnover and net assets (£100 in 2025), with a significant decline from prior years. The micro-entity accounts show limited operational scale and no audit, increasing uncertainty. The sole director and controlling shareholder structure also concentrates risk.

2. Key Concerns:

• Severely limited financial scale and turnover (only £100 in the latest year), raising solvency and liquidity doubts.
• Declining net assets and shareholder funds over 5 years, from £300 in 2021 to £100 in 2025.
• Single director and sole significant controller, which may pose governance and operational sustainability risks.

3. Positive Indicators:

• Company status is active with no overdue filings or accounts, suggesting compliance with regulatory deadlines.
• The director acknowledges responsibilities and approved accounts in a timely manner.
• No off-balance sheet liabilities disclosed, indicating no hidden financial risks reported.

4. Due Diligence Notes:

• Investigate the nature of the minimal turnover and profitability reported—how is the company generating revenue?
• Clarify the reason for steep decline in net assets and whether there are any impending liabilities or financial commitments.
• Assess the dependence on the single director/shareholder and plans for operational continuity or growth.
• Confirm no undisclosed related party transactions or contingent liabilities exist.
• Review any recent changes in business model or strategy given the SIC codes spanning HR, vehicle sales, and maintenance.