Company Number: 14094632

Analysis Date: 2025-07-20 12:52 UTC

1. Risk Rating: MEDIUM
   The company shows a positive turnaround in net current assets and net assets from a negative position in 2023 to a slight positive in 2024. However, overall asset base and equity remain very small, and there are no employees, which may indicate limited operational scale and capacity to generate revenue consistently.

2. Key Concerns:

• Minimal Asset Base: Fixed assets and net assets are very low (£342 net assets in 2024) indicating limited financial buffer or capital invested in the business.
• Volatile Working Capital: The company moved from negative net current assets in 2023 (-£6,148) to a marginal positive (£138) in 2024, suggesting tight liquidity and potential cash flow sensitivity.
• Lack of Employees: Zero employees reported for both years may imply dependence on directors or contractors, which could limit operational capacity and scalability.

3. Positive Indicators:

• Filing Compliance: Accounts and confirmation statements are filed on time with no overdue filings, indicating good regulatory compliance.
• Business Continuity: Company is active, not in liquidation or administration, and has a functional website with active customer contact channels.
• Positive Net Assets in Latest Year: Recovery from negative equity in 2023 to positive net assets in 2024 shows some financial improvement or capital injection.

4. Due Diligence Notes:

• Investigate the nature and source of current liabilities to assess liquidity risk and payment obligations.
• Explore revenue streams and business model viability given no employees are reported, including reliance on subcontractors or directors for operations.
• Review directors’ background and any related party transactions given both directors hold significant control and share ownership.
• Confirm details on cash flow and profitability trends beyond balance sheet snapshots, as micro-entity accounts provide limited financial performance data.
• Assess customer base and market position in the construction installation sector (SIC 43290) to understand growth prospects.