Company Number: 14020200

Analysis Date: 2025-07-29 16:50 UTC

1. Risk Rating: LOW
   The company presents a low risk profile based on the available financial and compliance data. It maintains positive net current assets and net assets, has no overdue filings, and shows no signs of insolvency or operational distress despite a slight decline in net assets over the last year.

2. Key Concerns:

• Decline in net assets: Net assets decreased from £14,354 in 2023 to £6,686 in 2024, indicating a reduction in the company’s equity base that warrants monitoring.
• Limited scale and resources: As a micro-entity with only one employee, operational capacity and scalability may be constrained, potentially impacting sustainability if demand or workload increases.
• Small current asset base: Current assets have fallen from £23,136 to £12,644, which may impact liquidity if obligations or cash flow needs increase unexpectedly.

3. Positive Indicators:

• Solvency position: The company maintains net current assets of £6,790 and positive net assets, indicating it can meet short-term liabilities and is solvent as of the latest accounts.
• Compliance and governance: No overdue statutory filings (accounts or confirmation statements) and accounts prepared under appropriate standards, reflecting good regulatory compliance and management discipline.
• Stable control structure: Ownership and control are concentrated with a single director and shareholder, facilitating clear decision-making and accountability.

4. Due Diligence Notes:

• Investigate reasons behind the decline in net assets and current assets to assess whether this reflects operational losses, asset disposals, or other factors.
• Review detailed profit and loss data (not provided here) to understand revenue trends, profitability, and cost management.
• Confirm the adequacy of working capital management given reduced current assets and potential seasonality or payment terms in the quantity surveying sector.
• Assess the business model’s scalability and reliance on the sole director/employee for operational stability.
• Verify the absence of any contingent liabilities or off-balance-sheet obligations not visible in the micro-entity accounts.