Company Number: 13441317

Analysis Date: 2025-07-29 17:24 UTC

1. Risk Rating: MEDIUM
   The company shows a decline in net assets and net current assets in the latest year, which raises concerns about financial stability. However, it remains solvent with positive net assets and no overdue filings.

2. Key Concerns:

• Significant reduction in net assets from £37,919 (2023) to £13,570 (2024), indicating potential operational or financial challenges.
• Decrease in current assets combined with a tripling of current liabilities year-on-year, potentially signaling liquidity pressure.
• Very small scale operation (micro-entity with one employee and minimal share capital), which may limit operational resilience and access to finance.

3. Positive Indicators:

• The company remains solvent with positive net current assets and shareholders’ funds as at the latest financial year end.
• Up-to-date statutory filings (accounts and confirmation statement) with no overdue submissions or penalties.
• Direct control by a single director who is also the sole employee, simplifying governance and decision-making.

4. Due Diligence Notes:

• Investigate the cause of the sharp decline in net assets during the most recent financial year. Look for any non-recurring expenses, impairments, or changes in accounting policies.
• Review the company's cash flow statements (if available) or inquire about cash generation ability to assess ongoing liquidity risk.
• Assess the business model sustainability and revenue sources given the micro-entity status and limited operational scale.
• Confirm absence of any director disqualifications or legal proceedings that could impact governance or continuity.