Company Number: 13823030

Analysis Date: 2025-07-20 11:34 UTC

1. Risk Rating: LOW
   Refined Estate Agent Ltd demonstrates a positive net current asset position and no overdue filings, indicating low immediate financial distress. The company's micro-entity status and limited scale reduce complexity and potential exposure.

2. Key Concerns:

• Limited Financial Scale: With net current assets of only £2,724 and current assets of £16,811, the company operates on a very small financial base, which may limit its ability to absorb shocks or scale operations.
• Single Director and Shareholder Control: The entire ownership and control vested in one individual may pose governance risks, including limited oversight and succession vulnerabilities.
• Limited Financial Disclosure: As a micro-entity, the company's accounts contain minimal detail, restricting thorough financial analysis and transparency.

3. Positive Indicators:

• Compliance: The company is up to date with both accounts and confirmation statement filings, demonstrating regulatory compliance and good governance practices.
• Positive Net Current Assets: Current assets exceed current liabilities, indicating short-term liquidity adequacy.
• Active Status and Recent Incorporation: Incorporated in late 2021 and currently active, the company is presumably in early growth stages without legacy financial burdens.

4. Due Diligence Notes:

• Review cash flow statements or bank statements to assess actual liquidity beyond balance sheet snapshots.
• Investigate client base, revenue stability, and business model sustainability given the small scale and limited financial data.
• Confirm no director disqualifications or adverse regulatory actions related to the sole director/owner.
• Evaluate any contingent liabilities or off-balance sheet commitments not disclosed in micro-entity filings.