Company Number: 14717772

Analysis Date: 2025-07-29 16:39 UTC

1. Risk Rating: LOW
   The company demonstrates positive net current assets, profitability, and timely filing compliance within its first full financial year. Although it is a micro-entity with limited scale, the financials indicate solvency and operational viability at this early stage.

2. Key Concerns:

• Limited operating history (incorporated in March 2023), which constrains assessment of long-term operational stability and market position.
• Modest turnover (£65,905) and small scale may limit resilience to adverse market or economic conditions.
• Concentration of control and management roles in two individuals, which could present governance risks if key personnel change or depart.

3. Positive Indicators:

• Positive net profit (£34,341) and profit before tax margin (>64%) for the first accounting period, suggesting initial operational efficiency.
• Net current assets of £9,291 indicate an ability to meet short-term liabilities comfortably.
• No overdue filings for accounts or confirmation statements, reflecting good compliance and governance discipline.
• Directors and PSCs are identified with consistent addresses and roles, reducing transparency concerns.
• Staff costs and other expenses appear controlled relative to turnover.

4. Due Diligence Notes:

• Verify the nature and sustainability of revenue streams given the modest turnover and the electrical installation and repair sector specifics.
• Assess dependency on the two controlling individuals and any succession plans or risk mitigation for key person risk.
• Review cash flow statements or bank records if available, to confirm liquidity beyond the balance sheet snapshot.
• Investigate customer base and contract terms to evaluate revenue stability and growth prospects.
• Confirm no related-party transactions or contingent liabilities not disclosed due to micro-entity simplified reporting.