REDFORD PET CREMATORIUM LTD

Executive Summary

Redford Pet Crematorium Ltd is a newly formed micro-entity with strong initial liquidity and no regulatory compliance issues, indicating low immediate risk. However, as a start-up with limited operational history and minimal staffing, investors should carefully review business sustainability and operational dependencies. Overall, the company presents as low risk but requires further due diligence on its business model and growth prospects.

REDFORD PET CREMATORIUM LTD - Analysis Report

Company Number: SC814574

Analysis Date: 2025-07-20 15:29 UTC

1. Risk Rating: LOW
   Redford Pet Crematorium Ltd is a newly incorporated micro-entity with a positive net asset position and no overdue filings. The financial statements as of 31 March 2025 show a healthy net current asset balance, indicating initial solvency and adequate liquidity for its scale of operations. No regulatory or compliance issues are evident from the data provided.

2. Key Concerns:

• Newly Established Entity: Incorporated in June 2024, the company has a limited operational track record, which inherently increases business and operational risk.
• Single Employee/Director Operation: The company currently reports only one employee (including directors), which may imply operational vulnerability or dependency on key individuals.
• Limited Fixed Assets and Scale: Fixed assets are minimal (£372), suggesting limited capital investment; this could affect long-term operational stability if growth or equipment replacement is needed.

3. Positive Indicators:

• Healthy Liquidity Position: Current assets of £55,613 against current liabilities of £26,558 yield net current assets of £29,055, indicating solid short-term liquidity.
• No Overdue Filings: Both accounts and confirmation statement filings are up to date, reflecting good governance and regulatory compliance.
• Clear Ownership and Control: Ownership and voting rights are transparently split between two directors with no indication of disputes or disqualifications, supporting stable governance.

4. Due Diligence Notes:

• Business Plan and Cash Flow Projections: Review the company's business plan and projected cash flows to assess sustainability beyond the initial start-up phase.
• Client Base and Revenue Streams: Verify sources of income and contracts to understand revenue stability and market positioning in the pet crematorium sector.
• Director Backgrounds: Conduct background checks on the directors to confirm no prior insolvency or disqualification history.
• Operational Dependencies: Assess the risk associated with low staffing levels and any key person dependencies.
• Insurance and Compliance Certifications: Confirm the company holds any necessary licenses and insurance for funeral-related activities.