Company Number: 14799182

Analysis Date: 2025-07-29 20:16 UTC

1. Risk Rating: LOW
   SOARING STAR LTD is a newly incorporated private limited company with its first set of unaudited abridged accounts filed on time. The balance sheet shows modest but positive net assets and working capital, indicating initial financial stability. There are no overdue filings or liquidations, and the sole director and controlling shareholder is consistent across records.

2. Key Concerns:

• Limited Operating History: Incorporated in April 2023, the company has less than a full financial year of operations, limiting the ability to assess long-term operational sustainability and cash flow trends.
• Small Scale and Minimal Financial Data: The company is micro-sized with minimal turnover and assets, which inherently carries higher vulnerability to market shocks or unexpected expenses.
• Single Director and Shareholder: While common for small companies, concentration of control in one individual can pose governance risks and lack of oversight.

3. Positive Indicators:

• Positive Net Current Assets and Net Assets: At the year-end, the company held £8,111 in cash against current liabilities of £3,042, resulting in net current assets of £5,069, providing a reasonable liquidity buffer.
• Timely Filing and Compliance: Both the accounts and confirmation statement are filed on time with no indications of regulatory non-compliance or overdue documents.
• Clear Ownership Structure: The controlling person with significant control is clearly identified with no red flags such as disqualifications or multiple entities complicating control.

4. Due Diligence Notes:

• Verify Income and Cash Flow Generation: As turnover figures are not disclosed in the abridged accounts, obtaining details on revenue streams, contracts, or client base will help assess operational viability.
• Confirm Director’s Background and Capacity: While no adverse information is present, further background checks on the director may be prudent given sole control.
• Monitor Future Filings and Growth: Given the company’s infancy, tracking subsequent financial statements and filings will be essential to detect any early warning signs of financial distress or governance issues.