Company Number: 15146304

Analysis Date: 2025-07-29 16:56 UTC

1. Risk Rating: MEDIUM
   Justification: The company is newly incorporated and classified as a micro-entity, with limited financial history and modest asset base. While net assets are positive, the company shows negative net current assets (working capital deficit), indicating potential short-term liquidity pressures. The sole director and shareholder controls the company fully, which may pose governance risks.

2. Key Concerns:

• Negative net current assets of £2,173 suggest the company may face difficulties meeting short-term liabilities as they fall due.
• Extremely limited current assets (£187) relative to current liabilities (£2,360) highlights potential cash flow constraints.
• Single director/shareholder structure concentrates control and could reduce oversight, increasing operational and governance risk.

3. Positive Indicators:

• Positive net assets of £1,844 indicate the company’s total assets exceed liabilities at the balance sheet date.
• No overdue filings for accounts or confirmation statements suggest compliance with statutory obligations to date.
• The company’s business activity (roofing) is straightforward and aligns with the director’s occupation, implying relevant expertise.

4. Due Diligence Notes:

• Investigate cash flow forecasts and working capital management to assess the company’s ability to cover short-term obligations.
• Obtain further information on revenue, profit margins, and contract pipeline as financial statements provide limited operational insight.
• Review director’s background and any related party transactions given sole control, to evaluate governance and conflict of interest risks.