Company Number: 13105288

Analysis Date: 2025-07-20 12:54 UTC

1. Risk Rating: LOW
   SONI PERFORMANCE LIMITED demonstrates a stable and improving financial position with positive net current assets and net assets, no overdue filings, and consistent compliance with statutory requirements. The micro-entity size and limited liabilities further reduce complexity and risk.

2. Key Concerns:

• Limited scale of operations as a micro-entity with only 2 employees, implying a potentially narrow operational base and dependence on few key individuals.
• Financial data available is limited to balance sheet figures; absence of profit and loss or cash flow details restricts deeper analysis of profitability and liquidity dynamics.
• The company is relatively young (incorporated late 2020), so long-term operational sustainability and market position are yet to be proven.

3. Positive Indicators:

• Strong net current assets position (£120,185 as of 2023) indicates good short-term liquidity and ability to meet obligations.
• Increasing net assets and shareholders’ funds year-on-year reflect capital growth and retained earnings.
• Compliance is current with no overdue accounts or confirmation statements, reflecting sound governance and regulatory adherence.
• Director is an accountant by profession, which may enhance financial oversight and operational control.

4. Due Diligence Notes:

• Review detailed profit and loss accounts and cash flow statements (if available) to confirm profitability trends and cash generation.
• Assess client base and contract stability given the small employee base and micro-entity status.
• Confirm absence of any contingent liabilities or off-balance sheet exposures not reflected in the micro-entity accounts.
• Evaluate director’s role and possible concentration risk due to single director management structure.
• Validate the nature of fixed assets (if any) and debtors composition within current assets to ensure quality of assets.