Company Number: 13679749

Analysis Date: 2025-07-29 20:25 UTC

1. Risk Rating: MEDIUM
   The company shows a marginally positive net asset position but persistent negative net current assets indicate working capital pressures. The micro-entity scale limits visibility on profitability and cash flow, increasing uncertainty.

2. Key Concerns:

• Liquidity Pressure: Current liabilities consistently exceed current assets, resulting in negative net current assets (e.g., -£9,362 in 2025). This suggests potential difficulties in meeting short-term obligations.
• Thin Equity Base: Shareholders’ funds are very low (£2,160 in 2025) and have declined over recent years, limiting the company’s capacity to absorb losses or finance operations internally.
• Limited Financial Transparency: As a micro-entity, the company benefits from reduced disclosure requirements, restricting insight into profitability, cash flows, and contingent liabilities.

3. Positive Indicators:

• Timely Compliance: No overdue filings for accounts or confirmation statements, indicating good regulatory compliance.
• Stable Management: The sole director, Mr. Shazid Hussain, has been in place since incorporation with no adverse records, suggesting stable governance.
• Ongoing Operations: The company remains active with a functioning website and contact details, and it serves a defined regional market in flooring services.

4. Due Diligence Notes:

• Obtain detailed management accounts or cash flow statements to better assess liquidity and operational cash generation.
• Investigate the nature and terms of current liabilities to understand if any are overdue or require refinancing.
• Confirm the level of business activity and contract pipeline to evaluate sustainability beyond the limited financial snapshot.
• Review any related party transactions or guarantees involving the significant shareholders to assess potential contingent risks.