Company Number: 14837866

Analysis Date: 2025-07-29 16:06 UTC

1. Risk Rating: LOW
   The company appears financially stable with positive net current assets and shareholders' funds exceeding £240k within its first operational year. No overdue filings or signs of financial distress are evident.

2. Key Concerns:

• Reliance on Debtors: Debtors represent a significant portion (£495k) of current assets compared to cash (£53k), potentially posing liquidity risk if collections are delayed.
• Limited Financial History: Incorporated in 2023, limited operational history restricts trend analysis and long-term sustainability assessment.
• Concentrated Control: Two directors hold significant influence and large shareholdings via associated holding companies, which may impact governance dynamics.

3. Positive Indicators:

• Positive Working Capital: Net current assets of £216,506 indicate ability to meet short-term liabilities.
• Clean Compliance Record: Accounts and confirmation statements are filed on time, showing sound regulatory compliance.
• Clear Governance: Directors and PSCs are clearly identified with no disqualifications or adverse records.
• Modest Fixed Assets: Tangible fixed assets are modest (£24,801), limiting capital expenditure burden.

4. Due Diligence Notes:

• Evaluate debtor aging and credit risk to assess true liquidity position and potential cash flow vulnerabilities.
• Review business model and client base under SIC 47990 to understand revenue stability and growth prospects.
• Confirm any related party transactions given the control structure involving holding companies.
• Assess directors’ experience and background for operational capability.
• Monitor future financial filings for profit generation and cash flow trends as the company matures.