Company Number: 14364008

Analysis Date: 2025-07-29 15:07 UTC

1. Risk Rating: LOW
   Justification: SOAP VINTAGE LTD is a recently incorporated micro-entity with positive net current assets and net assets increasing significantly over the last reported financial year. The company remains active, filings are up to date, and there are no indications of financial distress or regulatory non-compliance.

2. Key Concerns:

• Limited scale and resources: As a micro-entity with only one employee and modest asset base (£6,628 net assets), the company may have limited capacity to absorb financial shocks or pursue aggressive growth.
• Concentrated ownership and control: One individual (Georgia Cramp) holds 75-100% shareholding and voting rights, which could pose governance risks if the principal decision-maker encounters difficulties.
• Lack of detailed financial data: Micro-entity accounts provide limited insight into profitability, cash flow, or contingent liabilities, restricting a full assessment of operational stability and solvency beyond balance sheet snapshots.

3. Positive Indicators:

• Strong improvement in net current assets and net assets from £468 to £6,628 within one year, indicating improved working capital management and possibly higher retained earnings or capital injection.
• Timely and complete filing of accounts and confirmation statements, demonstrating compliance with statutory requirements.
• No signs of insolvency, liquidation, or overdue filings, supporting operational continuity.
• Industry classification in retail clothing which is a stable and established market segment.

4. Due Diligence Notes:

• Review any underlying profit and loss statements or cash flow data if available privately to confirm ongoing profitability and liquidity beyond balance sheet figures.
• Verify the source of increased net assets in 2024, whether from capital contributions or operational profits.
• Examine the business plan and sales pipeline for sustainability and growth potential given the single employee and limited scale.
• Confirm there are no undisclosed liabilities or contingent risks that could impair solvency.
• Assess director’s background and experience given concentrated control and the importance of effective management in a small company environment.