Company Number: 13443972

Analysis Date: 2025-07-20 15:08 UTC

1. Risk Rating: LOW
   Speechright Ltd demonstrates a solid liquidity position and positive net assets with no overdue filings or indications of financial distress. The company's micro-entity status and recent incorporation limit the breadth of financial data but current indicators suggest low solvency and liquidity risk.

2. Key Concerns:

• Limited scale and financial history: As a micro-entity incorporated in 2021, the company has a short operational history and limited financial disclosures, which restricts comprehensive risk assessment.
• Low fixed assets: Fixed assets are minimal (£428 in 2024), implying potential vulnerability if key operational equipment or property is required.
• Small share capital (£1.00): While common for micro companies, this minimal capital base might limit financial resilience in adverse conditions.

3. Positive Indicators:

• Improving net assets and liquidity: Net current assets increased from £2,919 in 2023 to £8,685 in 2024, and net assets rose from £3,591 to £8,263, indicating strengthening financial stability.
• No overdue filings: Both accounts and confirmation statements are filed on time, reflecting good regulatory compliance and governance.
• Stable management: The sole director, appointed at incorporation, remains in position with no adverse records reported.
• Clear business focus: The SIC code (86900) clearly aligns with its website and service offering in speech and language therapy, suggesting operational coherence.

4. Due Diligence Notes:

• Investigate revenue streams and profitability trends, as profit and loss data are not provided here.
• Confirm the nature and reliability of current assets (£38,370 in 2024), particularly cash balances and receivables.
• Review any off-balance-sheet liabilities or contingent risks not disclosed in micro-entity filings.
• Assess client concentration risks given the small scale and specialized nature of the business.
• Verify ongoing compliance with regulatory requirements relevant to health service providers.