Company Number: 13519209

Analysis Date: 2025-07-20 12:52 UTC

1. Risk Rating: LOW
   Justification: PRIVA SERVICES LTD is a micro-entity with modest but positive net assets and no current liabilities as of the latest financial year end. The company maintains compliance with filing deadlines and shows a stable equity position, indicating low immediate solvency and liquidity risk.

2. Key Concerns:

• Limited scale of operations: The company reports zero employees and minimal fixed assets, which may restrict operational capacity and growth potential.
• Fluctuating net current assets: Net current assets decreased from £6,259 in 2023 to £4,000 in 2024, suggesting some volatility in working capital that warrants monitoring.
• Concentrated control: Ownership and voting rights are split between two individuals with significant control, which could present governance risks if any disagreements arise.

3. Positive Indicators:

• Strong compliance record: Both accounts and confirmation statements are up to date, with no overdue filings or penalties noted.
• Positive net assets: The company maintains positive shareholders’ funds (£4,000 in 2024), indicating solvency.
• No current liabilities reported in the latest year, implying good short-term liquidity and no immediate financial obligations.

4. Due Diligence Notes:

• Investigate the nature and sustainability of the business operations given the lack of employees and fixed assets.
• Review detailed cash flow statements if available to assess operational cash generation and potential liquidity constraints.
• Confirm the reason for the director turnover in 2023 and assess any impact on management stability.
• Explore the relationship and agreements between the two controlling shareholders to understand governance and decision-making frameworks.