Company Number: SC761039

Analysis Date: 2025-07-20 12:15 UTC

1. Risk Rating: HIGH
   Given the limited financial history and the very low levels of net assets and working capital, STABLEWAY LIMITED currently exhibits a high risk profile for investors. The company’s ability to meet obligations and sustain operations appears constrained based on the available data.

2. Key Concerns:

• Minimal Net Assets and Working Capital: The net current assets stand at only £49, with current liabilities nearly matching current assets. This tight liquidity position suggests limited cushion against unforeseen expenses or cash flow interruptions.
• Very Small Scale and Early Stage: Incorporated in March 2023, with just one employee and minimal share capital (£1), the company is at an early development phase with no operating history beyond the first financial year. This raises uncertainty regarding operational stability.
• Concentration of Control: One individual, Mr. Hao Zheng, holds 75-100% shares and full control over appointments, which could pose governance and succession risks given the lack of diversity in ownership or management.

3. Positive Indicators:

• No Overdue Filings: The company is fully compliant with statutory filing deadlines for accounts and confirmation statements, indicating good governance and regulatory compliance to date.
• Clean Legal Status: The company is active, not in liquidation or administration, and its sole director has no reported disqualifications or adverse conduct records.
• Cash on Hand: The company does hold a modest cash balance (£1,840) which exceeds its immediate current liabilities, suggesting at least short-term liquidity.

4. Due Diligence Notes:

• Review detailed turnover and profitability trends as they become available to assess business viability and growth prospects.
• Confirm the nature and timing of the £1,780 “other creditors” to evaluate short-term liquidity risk.
• Investigate the business model and customer contracts underlying the SIC code (take-away food shops) to understand operational risks and market positioning.
• Monitor director’s plans for capital injections or borrowing to support working capital needs.
• Assess any related party transactions or contingent liabilities not disclosed in the limited accounts.