Company Number: 14590182

Analysis Date: 2025-07-20 12:33 UTC

1. Risk Rating: LOW
   The company is newly incorporated (January 2023) and has filed its first set of micro-entity accounts on time without any overdue filings. It shows a positive net current asset position, albeit modest, indicating it can currently meet short-term obligations.

2. Key Concerns:

• Minimal Financial Scale: The net assets and working capital are very low (£127), reflecting a very small financial base which could limit operational resilience.
• No Employees: The company reported zero employees which may suggest reliance on the director or subcontractors, potentially impacting operational capacity and scalability.
• Limited Financial History: Being in its first year of operation, there is no historical performance data to evaluate business sustainability or growth prospects.

3. Positive Indicators:

• Compliance: All statutory filings including accounts and confirmation statements are up to date with no overdue notices, indicating good regulatory compliance.
• Ownership and Control: The sole director and 100% controlling shareholder is actively involved, which can facilitate quick decision-making and clear accountability.
• Micro-entity Status: The company benefits from simplified reporting requirements, reducing administrative burden in early stages.

4. Due Diligence Notes:

• Verify the nature and extent of business operations given no employees and very low asset base.
• Review cash flow forecasts and bank statements to assess liquidity beyond the balance sheet snapshot.
• Investigate any contracts, client base, or revenue streams to gauge operational stability and prospects.
• Confirm absence of contingent liabilities or off-balance sheet obligations that may affect solvency.
• Understand the director’s background and experience in the cleaning services sector for operational insight.