Company Number: 13528191

Analysis Date: 2025-07-29 16:04 UTC

1. Risk Rating: LOW
   The company appears financially stable with positive net current assets and shareholders' funds that have remained steady or improved over the past three years. No overdue filings or administrative issues are noted, and the company status is active without liquidation or administration indicators.

2. Key Concerns:

• Increasing current liabilities: Current liabilities nearly doubled from £13,691 in 2023 to £27,281 in 2024, which could strain short-term liquidity if not matched with increased cash inflows.
• Limited scale and micro-entity status: As a micro company with relatively modest asset and equity bases, it may be vulnerable to market or operational shocks given limited financial buffers.
• Single shareholder control: The majority ownership (75-100%) and control by one individual (Mr. Peter Williams) concentrates decision-making risk and may limit governance oversight.

3. Positive Indicators:

• Positive net current assets: The company maintains a net current asset position (£14,305 in 2024), indicating it can meet short-term obligations from current assets.
• Consistent financial performance: Shareholders' funds have increased from £7,177 in 2021 to £14,305 in 2024, showing retained earnings or capital injection.
• Compliance and governance: No overdue accounts or confirmation statements, and an active director with no disqualifications reported, indicating regulatory compliance.

4. Due Diligence Notes:

• Review the nature and drivers of the increase in current liabilities to assess liquidity risk and creditor payment terms.
• Investigate cash flow statements or bank statements (not provided) to confirm operational cash flow sufficiency.
• Examine business model sustainability given the micro size and single-site operation in the unlicensed restaurant sector, which can be sensitive to economic cycles.
• Verify director and shareholder background and any related party transactions due to concentrated control.
• Assess any contingent liabilities or off-balance sheet risks not visible in the micro-entity accounts.