Company Number: 13917602

Analysis Date: 2025-07-29 20:49 UTC

1. Risk Rating: LOW
   The company shows modest but positive net assets and profitability with no overdue filings, indicating compliance and basic financial stability for its size and age.

2. Key Concerns:

• Limited scale and turnover (£18k in the latest year) may constrain growth potential and resilience to shocks.
• The company operates with minimal fixed assets and only one employee, which could limit operational capacity and scalability.
• Current liabilities after one year (£262) exist but appear manageable given net current assets; however, detailed creditor terms are unknown.

3. Positive Indicators:

• Positive net current assets and net assets across the last three years suggest sound working capital management.
• Turnover has grown from £7k to £18k within two years, indicating business development progress.
• Profitability is achieved in the most recent year, reversing prior loss.
• No overdue statutory filings (accounts or confirmation statements), indicating good regulatory compliance.
• Sole director and significant controller is consistent, with no reported disqualifications or governance issues.

4. Due Diligence Notes:

• Review creditor details and terms for the £262 liability due after more than one year to assess repayment risk.
• Verify cash flow trends beyond balance sheet snapshots, given small scale and potential seasonality in artisan product sales.
• Understand the business model and customer concentration to gauge operational sustainability.
• Confirm whether any off-balance sheet liabilities or contingent liabilities exist beyond the disclosed.
• Explore the reason for staff costs appearing only in the latest year and assess reliance on the sole director.