Company Number: 13099897

Analysis Date: 2025-07-20 15:38 UTC

1. Risk Rating: HIGH
   Justification: The company shows extremely minimal net assets (£1) and very low turnover (£40,858 in 2023), with no employees. The financials suggest a nominal operational scale and negligible working capital. This raises concerns about the company’s ability to meet liabilities or sustain business operations.

2. Key Concerns:

• Solvency and Capitalization: Net assets and shareholders’ funds remain at £1 over multiple years, indicating no retained earnings or buffer against liabilities.
• Revenue and Profitability: Low turnover and marginal profit (£4,239 in 2023) reflect limited business activity and potentially insufficient cash generation.
• Operational Scale and Sustainability: No employees and minimal financial activity hint at a company that may not be actively trading or lacks scalability.

3. Positive Indicators:

• Compliance: The company is up to date with filing annual accounts and confirmation statements, showing adherence to regulatory requirements.
• Stable Ownership and Control: A single director and person with significant control suggest clear governance without apparent management changes or conflicts.
• No Overdue Filings: Financial statements and returns are current, reducing risk of penalties or administrative actions from Companies House.

4. Due Diligence Notes:

• Verify the nature and extent of business operations given the low turnover and zero staff.
• Investigate the company's cash flow status and ability to meet short-term obligations despite minimal net assets.
• Review contractual obligations or off-balance-sheet liabilities that may not be apparent from accounts.
• Confirm if the company is a holding entity or dormant trading vehicle which could explain minimal financial activity.