Company Number: 12691852

Analysis Date: 2025-07-29 17:37 UTC

1. Risk Rating: LOW
   The company demonstrates positive net current assets and shareholders' funds, with no overdue filings and no indication of insolvency or liquidation. The balance sheet shows a healthy short-term asset position relative to current liabilities.

2. Key Concerns:

• Minimal cash holdings (£309) relative to current assets may indicate limited immediate liquidity despite positive net working capital.
• Absence of employees and minimal operational data suggests limited scale and potentially low business activity, which could impact sustainability.
• The company has undergone two name changes within a short period (2021 and 2023), which may warrant review for business continuity or strategic shifts.

3. Positive Indicators:

• Strong net current assets of £4,198 as of June 2024 compared to current liabilities of £961, indicating ability to cover short-term obligations.
• Shareholders' funds increased significantly from £100 in 2023 to £4,198 in 2024, reflecting retained earnings accumulation and/or capital injection.
• No overdue accounts or confirmation statements, indicating good regulatory compliance and governance.
• Controlled 75-100% by Energysmart Group Nationwide Ltd, which may provide financial backing and stability.

4. Due Diligence Notes:

• Investigate the nature and collectability of trade debtors (£4,750), as high debtor balances relative to cash may present cash flow risk.
• Review the reasons for the company’s name changes and assess any implications for business model or ownership structure.
• Obtain more detailed operational and cash flow information to confirm business sustainability, given zero employees reported and limited financial detail.
• Confirm any off-balance sheet liabilities or contingent risks not disclosed in the small company accounts.