Company Number: 13889172

Analysis Date: 2025-07-20 12:03 UTC

1. Risk Rating: MEDIUM
   The company shows modest net assets and current assets but with very limited scale and no detailed profit and loss information filed. The small size and recent incorporation imply operational and financial fragility, though no immediate solvency red flags or overdue filings exist.

2. Key Concerns:

   • Limited Financial Scale and Transparency: Net assets of approximately £22,800 and only one employee suggest a very small operation with limited financial cushion. The abridged accounts omit profit and loss details, restricting insight into profitability and cash flow.
   • Recent Change in Ownership and Management: The sole significant controller and director changed in January 2025, shortly after the last accounts date. Such a transition can introduce uncertainty regarding business continuity and strategy.
   • Lack of Audit and Detailed Financial Reporting: Filing abridged accounts without audit limits the assurance of financial accuracy and completeness for investors evaluating risk.

3. Positive Indicators:

   • Current and Next Filings Up to Date: Both accounts and confirmation statement filings are current with no overdue status, indicating compliance with statutory filing requirements.
   • Positive Net Current Assets: Current assets exceed current liabilities, indicating short-term liquidity is maintained at the reported date.
   • No Indication of Insolvency or Liquidation: The company is active with no insolvency procedures underway, and directors acknowledge compliance responsibilities.

4. Due Diligence Notes:

   • Obtain full profit and loss account details and cash flow statements to assess operational profitability and liquidity trends.
   • Review the business plan and strategy post-director transition to understand continuity and risk exposure.
   • Verify any off-balance sheet liabilities or contingent risks not visible in the abridged accounts.
   • Confirm background and financial capacity of the new controlling director to support business growth or absorb losses.
   • Understand the customer base, contract terms, and payment cycles to evaluate working capital sufficiency.