Company Number: 13153505

Analysis Date: 2025-07-20 18:08 UTC

1. Risk Rating: LOW
   The company exhibits strong net current assets and positive shareholders’ funds with no overdue filings, indicating sound solvency and liquidity positions for a micro-sized entity.

2. Key Concerns:

• High ownership concentration: Two individuals jointly control 75-100% of shares and voting rights, which could pose governance risks.
• Reduction in fixed assets over recent years may indicate asset disposals or less investment in long-term capacity.
• Average employee count decreased from 30 to 25, which could suggest operational adjustments or cost-cutting that merit review.

3. Positive Indicators:

• Significant growth in current assets from £810k to £1.47m year-on-year improving liquidity.
• Strong net current assets (£1.1m) and positive shareholders’ funds (£1.15m) provide a buffer against short-term liabilities.
• No overdue accounts or confirmation statements filed, reflecting good regulatory compliance.
• The company is active and not in liquidation or administration.

4. Due Diligence Notes:

• Confirm the nature and sustainability of current assets, particularly cash or receivables, to validate liquidity strength.
• Review reasons behind fixed asset decline and employee reduction to assess operational stability.
• Investigate governance structure given high concentration of control and dual PSC declarations for the same individual names.
• Understand the company’s business model under SIC code 70221 (Financial management) and its revenue generation to assess ongoing viability.
• Check for any off-balance sheet liabilities or contingent risks not reflected in micro-entity filings.