Company Number: 14195334

Analysis Date: 2025-07-29 20:16 UTC

1. Risk Rating: LOW

The company demonstrates a strong net asset position with consistently positive net current assets and no overdue filings. Financial metrics show growth in net assets and working capital, indicating sound solvency and liquidity. The company is a micro-entity with a single director/shareholder, which simplifies governance but requires monitoring for operational sustainability.

2. Key Concerns:

• Single Director/Shareholder Concentration: The entire control rests with one individual, Mr. Vlatko Monevski, which may pose governance risks and dependency on one person.
• Limited Operational Scale: With only one employee (the director) and micro-entity status, the business may have limited capacity for growth or absorption of operational shocks.
• No Audit Performed: While legally exempt, the lack of an audit means financials have not been independently verified, posing a risk for undetected issues.

3. Positive Indicators:

• Strong Financial Position: Net assets increased from £137,178 in 2023 to £205,571 in 2024, with net current assets rising to £177,553, illustrating improving liquidity.
• Timely Compliance: All statutory filings, including accounts and confirmation statements, are up to date with no overdue submissions.
• Controlled Liabilities: Current liabilities remain relatively low (£40,290 in 2024) compared to current assets, supporting short-term solvency.

4. Due Diligence Notes:

• Review cash flow statements and profit & loss details to assess operational profitability and cash generation capacity.
• Investigate the nature and maturity of long-term liabilities (£20,257) to evaluate refinancing or repayment risks.
• Assess business model sustainability given micro-entity status and reliance on a single director/employee.
• Confirm the absence of any director disqualifications or regulatory compliance issues beyond public records.
• Consider credit references or trade payment history to validate supplier and customer relationships.