Company Number: 13030684

Analysis Date: 2025-07-20 18:48 UTC

1. Risk Rating: MEDIUM
   Justification: The company shows a very low net asset base (£300) despite having current assets and liabilities roughly balancing at around £419k. The liabilities after one year are almost equal to current assets, indicating heavy gearing or reliance on long-term creditors. While filings are up to date, the minimal equity and tight working capital position suggest potential solvency or liquidity pressure if cash inflows are disrupted.

2. Key Concerns:

• Extremely low shareholders' funds (£300) relative to assets and liabilities indicates minimal equity buffer and potential solvency risk.
• Current assets closely matched by both current liabilities and long-term creditors, suggesting limited liquidity cushion and possible cash flow constraints.
• Lack of detailed financials typical of micro-entity filings limits insight into profitability, cash flow, and operational stability.

3. Positive Indicators:

• Company is active with no overdue filings, indicating compliance with statutory requirements.
• Increasing current assets from £277.8k in 2022 to £418.9k in 2023 shows growth in asset base.
• Consistent appointment of three directors with relevant occupations may support operational continuity.

4. Due Diligence Notes:

• Investigate the nature and terms of the long-term liabilities (£418,640) to understand financial commitments and repayment risk.
• Obtain management accounts or cash flow statements to evaluate liquidity and operational cash generation.
• Review business model sustainability given the low equity and reliance on creditor funding.
• Confirm absence of director disqualifications or regulatory compliance issues beyond filing status.