Company Number: 15574968

Analysis Date: 2025-07-29 12:35 UTC

1. Risk Rating: MEDIUM
   The company is very new (incorporated March 2024) with only one year of financial data available. While the micro-entity accounts show a positive net current asset position (£23,451 current assets vs. £13,071 total liabilities), the small absolute size of the balances and short operating history introduce uncertainty about ongoing financial stability.

2. Key Concerns:

• Limited Operating History: Incorporated less than 1.5 years ago, so limited track record to assess trend or resilience.
• Modest Working Capital: Net current assets of only £10,535 (current assets minus current liabilities) are small, suggesting limited liquidity buffer.
• Shareholder Changes & Director Resignation: One director resigned within the first year and there is a new significant controller (Mr. Marc Anthony Woods) added after incorporation. This could indicate governance or ownership changes that warrant further clarity.

3. Positive Indicators:

• No Overdue Filings: Both accounts and confirmation statement filings are up to date, indicating compliance with regulatory requirements.
• Positive Net Assets: Shareholders’ funds of £10,380 shows the company is not insolvent at balance sheet date.
• Small Employee Base: Employing an average of 3 staff aligns with the size of a micro company and suggests controlled costs.

4. Due Diligence Notes:

• Review the business plan and cash flow forecasts to assess operational sustainability and funding sources.
• Investigate the reasons behind the director resignation and the addition of a new PSC post-incorporation for governance stability.
• Confirm the nature of current liabilities for any short-term pressures or related party loans.
• Seek any management commentary or strategic report explaining growth plans and risk management.