Company Number: NI681638

Analysis Date: 2025-07-29 16:16 UTC

1. Risk Rating: LOW
   PolicySprint Ltd shows a stable financial position with positive net current assets and net assets over the past three years. There are no overdue filings or indications of distress, and the company is compliant with statutory obligations. The micro-entity reporting and lack of fixed assets are typical for a small service-oriented entity.

2. Key Concerns:

• Lack of Profit & Loss Data: Absence of filed P&L accounts limits insight into profitability and cash flow generation.
• No Employees Reported: Zero employees may indicate reliance on contractors or owner-directors, which could affect operational scalability and continuity.
• Name Change: Recent name change from Carrick Holland Consulting Ltd could reflect strategic repositioning; the rationale and impact merit review.

3. Positive Indicators:

• Consistent Net Current Assets: Healthy working capital around £35k-£37k, indicating ability to meet short-term liabilities.
• No Overdue Filings: Both accounts and confirmation statements are up to date, showing good compliance and governance discipline.
• No Long-Term Liabilities: Absence of creditors beyond one year suggests limited leverage and low solvency risk.

4. Due Diligence Notes:

• Obtain profit and loss or management accounts to assess revenue trends, margins, and cash flow dynamics.
• Understand business model and operational structure given no employees reported—confirm if outsourced or director-led.
• Investigate reasons behind the recent name change and any related changes in ownership, control, or business focus.
• Confirm director background and any PSCs to assess governance and control environment.
• Review sector-specific risks associated with SIC 84110 (General public administration activities) to understand market exposure.