Company Number: 13557589

Analysis Date: 2025-07-20 18:28 UTC

1. Risk Rating: LOW
   The company demonstrates a positive net asset position and net current assets comfortably exceeding current liabilities, indicating adequate solvency and liquidity. Filing compliance is current with no overdue accounts or confirmation statements. The company is small in scale with no employees, which limits operational complexity and associated risks.

2. Key Concerns:

• Decreasing net assets: Net assets declined from £31,686 in 2023 to £21,174 in 2024, a roughly 33% decrease that warrants investigation to understand underlying causes.
• Reduced current assets: Current assets dropped significantly from £45,062 to £29,043, which may signal declining cash reserves or receivables.
• No employees: Zero employees reported may indicate reliance on directors or contractors, raising questions about capacity for business growth or operational resilience.

3. Positive Indicators:

• Strong liquidity: Net current assets remain positive at £19,728, showing the company can meet short-term obligations.
• Compliance: All statutory filings are up to date, with no overdue accounts or confirmation statements, demonstrating good governance.
• Ownership and control transparency: The two directors are also the significant controllers, providing clear accountability and stability in governance.

4. Due Diligence Notes:

• Review the causes of net asset reduction and current asset decline between 2023 and 2024 to assess business performance and cash flow trends.
• Investigate the nature of the company’s operations and revenue generation given the absence of employees and the micro-entity scale.
• Confirm the reliability of related party transactions or director remuneration, especially as the directors appear to be the primary individuals involved.
• Assess the company’s future business plans and sustainability given limited scale and resources reported.