Company Number: 13644054

Analysis Date: 2025-07-20 14:20 UTC

1. Risk Rating: LOW
   The company shows solid net asset growth, positive working capital, no overdue filings, and a sole director with clear ownership and control. Financial figures suggest stable solvency and liquidity for its micro-entity scale.

2. Key Concerns:

• Limited financial disclosure: As a micro-entity, accounts omit profit and loss details, constraining full operational assessment.
• Single director and owner concentration: Control is fully vested in one individual, which may present governance risk.
• Modest asset base and scale: With current assets under £20k, the company likely has limited financial cushion against unforeseen shocks.

3. Positive Indicators:

• Consistent net asset growth: Net assets increased from £4,911 in 2021 to £21,177 in 2023 indicating capital accumulation or retained earnings.
• Strong liquidity position: Positive net current assets (£22,111) and no current liabilities at 2023 year end suggest the ability to meet short-term obligations.
• Compliance with filing deadlines: Both accounts and confirmation statement are up to date without overdue filings or penalties.
• Clear ownership and control: The sole director and 100% PSC ownership simplifies accountability and decision-making.

4. Due Diligence Notes:

• Obtain profit and loss data or management accounts to evaluate operational profitability and cash flow generation.
• Confirm the nature and timing of current liabilities and accruals to assess any contingent obligations.
• Review the director’s background and credit history given sole control and potential personal risk exposure.
• Investigate client contracts or order book to gauge revenue stability and sustainability in the civil engineering segment.
• Verify any off-balance sheet liabilities or contingent risks not disclosed in micro-entity accounts.