Company Number: 13109210

Analysis Date: 2025-07-19 12:54 UTC

1. Risk Rating: LOW
   The company demonstrates positive net current assets and shareholders’ funds consistently over the last five years. It maintains a healthy cash position relative to current liabilities, with no overdue filings or signs of financial distress.

2. Key Concerns:

• Modest scale of operations indicated by low share capital (£100) and small employee base (average 2 employees), which could limit operational scalability and resilience.
• Absence of audited accounts may reduce transparency for investors seeking detailed assurance on financials.
• No income statement available in the abridged accounts, limiting insight into profitability, revenue trends, or expense structure.

3. Positive Indicators:

• Consistent positive net current assets and shareholders’ funds from £6.4k in 2021 to £24.8k in 2025, indicating growth in retained earnings and capital base.
• Strong liquidity with cash balances exceeding current liabilities at each year-end, reducing short-term solvency risk.
• Up-to-date statutory filings (accounts and confirmation statements) with no overdue submissions or penalties.
• Clear ownership and control structure with two directors/shareholders and no reported director disqualifications or governance issues.

4. Due Diligence Notes:

• Review the company’s profitability and cash flow trends by requesting management accounts or full financial statements including income and cash flow statements.
• Assess client concentration and contract pipeline given the small size and consultancy nature of the business, to evaluate revenue sustainability.
• Verify absence of contingent liabilities or off-balance sheet risks not captured in abridged filings.
• Confirm pension scheme obligations and any other post-retirement benefits given the mention of a defined contribution scheme.
• Investigate any potential related party transactions or loans not disclosed in limited abridged accounts.