Company Number: 13990138

Analysis Date: 2025-07-20 11:17 UTC

1. Risk Rating: LOW to MEDIUM
   The company shows positive net assets and modest working capital, indicating basic solvency. However, the narrow margin of net current assets and very limited fixed assets, combined with minimal financial disclosure (micro-entity accounts), suggest some caution on liquidity and operational scale.

2. Key Concerns:

• Tight liquidity position: Net current assets stand at only £330 for FY 2024, which is marginal and could present short-term cash flow stress if liabilities crystallize unexpectedly.
• Limited asset base and scale: Fixed assets are minimal (£1,798), and the company is a micro-entity, which may limit operational resilience and growth capacity.
• Lack of detailed profit and loss information: As a micro-entity, the company has not filed a profit and loss account, reducing transparency on profitability and operational cash flow.

3. Positive Indicators:

• Positive net assets and shareholders’ funds (£2,128), evidencing a solvent balance sheet at the latest reporting date.
• Compliance with filing obligations: No overdue accounts or confirmation statements, indicating good governance and regulatory compliance.
• Increasing employee count (from 2 to 4), which may signal some business growth or operational expansion.

4. Due Diligence Notes:

• Obtain or review management accounts or internal financial information to assess profitability, cash flows, and ongoing trading performance, as statutory filings are limited.
• Confirm the nature and timing of current liabilities to evaluate short-term liquidity risk more precisely.
• Understand the business model and client base under SIC 56210 (event catering) to assess stability and potential sector risks given recent economic conditions.
• Review director’s background and governance practices, although no disqualifications or adverse records are noted.