Company Number: 14225430

Analysis Date: 2025-07-20 12:14 UTC

1. Risk Rating: MEDIUM
   The company shows some early-stage financial fragility with net current liabilities and a relatively low net asset base. However, it is active, compliant with filings, and has no overdue accounts or returns, mitigating immediate regulatory concerns.

2. Key Concerns:

• Negative net current assets of £6,701 indicate potential liquidity challenges to meet short-term obligations.
• Significant creditor amounts due after more than one year (£21,990) raise questions about long-term debt servicing capability.
• Small scale and early stage (incorporated in 2022, average 1 employee) with limited financial history, increasing uncertainty on operational stability and future profitability.

3. Positive Indicators:

• No overdue filings or confirmation statements, demonstrating regulatory compliance and good governance.
• Positive net assets of £8,719 showing some equity cushion despite liabilities.
• The company operates in a defined niche (plumbing, heat and air-conditioning installation) which may have steady demand in its region.

4. Due Diligence Notes:

• Review the nature and terms of the long-term creditors (£21,990) to assess repayment schedule and associated risks.
• Investigate cash flow projections and working capital management plans given the negative net current assets position.
• Confirm the identity, background, and financial commitment of key director and significant shareholder Helen Suzanne Fern, particularly given recent appointment (May 2024) and 25-50% ownership.
• Obtain further financial data or management accounts to evaluate operating performance and sustainability beyond the micro-entity filed accounts.