Company Number: 14555318

Analysis Date: 2025-07-20 11:34 UTC

1. Risk Rating: LOW

The company is newly incorporated (Dec 2022) and has filed up-to-date accounts and confirmation statements without delay. It shows positive net current assets and net assets with no overdue filings or indications of financial distress.

2. Key Concerns:

• High Director Loan Balance: The company owes £39,154 to directors, a significant portion of current liabilities (£50,137). This reliance on director loans may indicate limited external financing and potential liquidity risk if these loans are called in.
• Limited Operational History: Being less than two years old, the company has a limited track record to assess operational stability or profitability trends.
• Single Employee and Small Scale: With only one employee and minimal fixed assets (£375), the company may have limited operational breadth and scale, restricting resilience to market fluctuations.

3. Positive Indicators:

• Positive Net Current Assets: Current assets exceed current liabilities by £17,046, indicating short-term solvency.
• Strong Cash Position: Cash balance of £67,153 covers current liabilities comfortably, suggesting good liquidity.
• No Overdue Filings or Compliance Issues: The company is current with all statutory filings and is not in liquidation or administration.
• Clear Ownership and Control: Ownership and control are well defined with two individuals holding significant shares and voting rights, minimizing governance ambiguity.

4. Due Diligence Notes:

• Director Loan Terms: Investigate the nature, repayment terms, and security (if any) of the £39,154 director loan to assess refinancing or repayment risks.
• Revenue and Profitability Trends: Obtain detailed profit and loss data beyond exemption filings to evaluate operational performance and sustainability.
• Customer and Contract Base: Clarify customer concentration and contract status given the SIC code (manufacture of other organic basic chemicals) to understand market position and risk exposure.
• Future Funding Plans: Assess planned capital or financing strategies to support growth or manage liabilities given the small asset base and start-up stage.