Company Number: 14384476

Analysis Date: 2025-07-20 14:27 UTC

1. Risk Rating: MEDIUM
   The company is newly incorporated (2022) and small in scale (micro-entity category). While it maintains a positive net asset position and no reported liabilities, the very low absolute asset value and limited financial history pose moderate risk regarding solvency and operational stability.

2. Key Concerns:

• Limited Financial Resources: Current net assets are only £719 as of 2024, down from £1,870 in prior years, indicating minimal working capital and buffer to absorb shocks or fund growth.
• Early Stage Business: Incorporated less than two years ago with only one employee, the company’s operational track record is limited, raising uncertainties about sustainable cash flow generation.
• Concentration of Control: Single director and 75-100% ownership by Mr. Sergiu Hlade concentrates decision-making and risk; limited governance oversight may affect regulatory compliance and risk management.

3. Positive Indicators:

• Compliance: No overdue filings for accounts or confirmation statements, indicating good regulatory adherence to Companies House requirements.
• No Reported Liabilities: Absence of current liabilities reduces immediate solvency risk.
• Clear Industry Focus: Engaged in construction of domestic buildings (SIC 41202), a well-defined sector which may facilitate targeted business development.

4. Due Diligence Notes:

• Review cash flow statements or bank statements (not provided) to assess liquidity and operational cash generation beyond balance sheet figures.
• Investigate business contracts, pipeline, and customer base to gauge revenue sustainability.
• Monitor for any director conduct records or disclosure of related party transactions given sole director/owner status.
• Evaluate potential risks related to construction industry licensing, insurance, and compliance with health and safety regulations.