Company Number: 15168592

Analysis Date: 2025-07-20 12:53 UTC

1. Risk Rating: LOW
   Justification: The company is newly incorporated with a small but positive net asset position and net current assets. It is compliant with filing deadlines, with no overdue accounts or confirmation statements. The financials indicate a modest but stable operational scale, typical for a start-up micro-entity.

2. Key Concerns:

• Limited financial history: Only one accounting period since incorporation, limiting trend analysis and financial robustness assessment.
• Small scale of operations: Minimal assets and equity (£1,015 net assets), which may constrain capacity to absorb financial shocks or scale rapidly.
• Director turnover within the first year: One director resigned and another appointed in 2024, which could imply early governance changes impacting operational stability.

3. Positive Indicators:

• Compliance: No overdue filings and up-to-date accounts and confirmation statements demonstrating good regulatory adherence.
• Positive working capital: Net current assets of £1,015 indicate that current liabilities are covered by current assets, suggesting short-term liquidity is sufficient.
• Clear ownership and control: The persons with significant control are well documented, with no indication of disputes or complex ownership structures.

4. Due Diligence Notes:

• Review the nature and terms of debtors (£1,164) and creditors (£848) to assess collectability and payment obligations.
• Investigate reasons and impact of director resignation and appointment on strategic direction and governance.
• Obtain more detailed trading and cash flow information beyond the balance sheet figures to evaluate operational sustainability.
• Confirm the business model viability given the SIC codes (bookkeeping, web portals, data processing) and how these services are monetized.