Company Number: 12742635

Analysis Date: 2025-07-29 20:23 UTC

1. Risk Rating: MEDIUM
   The company shows modest net asset levels with a recent improvement in net assets from a negative £9,490 in 2023 to a positive £4,105 in 2024. However, the current liabilities exceed current assets in 2024, indicating working capital strain. The micro-entity status limits financial detail, restricting full assessment.

2. Key Concerns:

• Working Capital Deficit: In 2024, current liabilities (£25,712) exceed current assets (£19,375), resulting in a negative net current assets figure of -£6,337, which may challenge short-term liquidity.
• Volatility in Net Assets: Net assets declined from £9,490 in 2023 to £4,105 in 2024 after fluctuations in prior years, reflecting potential operational or financial instability.
• Limited Financial Disclosure: As a micro-entity, detailed profit and loss information and cash flow data are unavailable, limiting insight into profitability and cash management.

3. Positive Indicators:

• Recent Net Asset Recovery: The turnaround from negative equity in 2023 to positive net assets in 2024 suggests some management efforts to improve financial position.
• Consistent Workforce: The average number of employees remained stable at 4, indicating operational continuity.
• Timely Filings: No overdue accounts or confirmation statements suggest compliance with statutory requirements and governance standards.

4. Due Diligence Notes:

• Investigate the causes of the 2023 negative net assets and the factors contributing to the 2024 recovery.
• Review cash flow statements and profit and loss accounts (if available outside micro-entity filings) to assess operational profitability and cash management.
• Assess the nature of current liabilities due within one year and the company’s ability to meet these obligations on time.
• Confirm absence of any director disqualifications or regulatory issues beyond the provided data.