Company Number: 14175624

Analysis Date: 2025-07-20 13:12 UTC

1. Risk Rating: LOW
   RUBY’S BOOTHS LIMITED demonstrates a stable financial position with positive net current assets, a solid cash balance relative to liabilities, and no overdue filings. The company’s small scale and recent incorporation limit complexity, and there are no evident signs of financial distress or governance issues.

2. Key Concerns:

• Limited Scale of Operations: The company has no employees recorded on average during the latest year and minimal current assets beyond cash, suggesting limited operational activity which may impact sustainability if growth or revenue diversification is required.
• Lack of Profit & Loss Transparency: The director has chosen not to file the profit and loss account, providing limited insight into revenue generation, profitability, or operational efficiency. This restricts comprehensive financial analysis.
• Industry Concentration Risk: The company operates solely in “Other letting and operating of own or leased real estate” which can be sensitive to market fluctuations in property demand and regulatory changes affecting real estate holdings.

3. Positive Indicators:

• Strong Liquidity Position: Cash at bank (£22,763) comfortably exceeds current liabilities (£2,738), resulting in net current assets of £20,685 which supports the company’s ability to meet short-term obligations.
• Timely and Compliant Filings: Accounts and confirmation statements are up to date with no overdue filings, indicating good regulatory compliance and management diligence.
• Growing Net Assets: Net assets increased from £15,152 in 2023 to £20,685 in 2024, reflecting retained earnings or capital injections which strengthen the balance sheet.

4. Due Diligence Notes:

• Review Profit & Loss Details: Investigate underlying revenue streams, profitability, and expense structure since the profit and loss account was not filed. This is critical to assess operational sustainability.
• Examine Business Model and Contracts: Understand the nature of the real estate lettings or operations—type of properties, lease terms, tenant concentration, and market exposure.
• Confirm Director and Governance Profile: Verify background on the sole director, Hannah Jane Booth, for any potential regulatory or reputational risks not apparent from the filings.
• Assess Future Plans and Capital Requirements: Given the company’s early stage and small scale, ascertain plans for growth or capital raising that might impact risk profile.