Company Number: 13234987

Analysis Date: 2025-07-29 12:19 UTC

1. Risk Rating: MEDIUM
   The company shows a mixed liquidity position with net current liabilities as of the latest year, and significant long-term creditors. However, net assets and shareholders’ funds have increased, indicating some equity growth. The micro-entity reporting and limited operational scale warrant caution.

2. Key Concerns:

• Liquidity Strain: Current liabilities exceed current assets in 2024 (£5,739 net current liabilities), a deterioration from positive net current assets in 2023, which may indicate short-term cash flow pressure.
• High Long-Term Creditors: Creditors falling due after more than one year remain substantial (£330,927 in 2024), raising questions about the company's long-term debt servicing capacity.
• Limited Operational Scale and Transparency: Only one employee on average, no profit and loss account filed, and micro-entity reporting limits financial disclosure, reducing visibility into operational profitability and sustainability.

3. Positive Indicators:

• Improved Net Assets: Shareholders' funds increased from £85,155 in 2023 to £120,182 in 2024, suggesting some equity strengthening.
• No Filing or Compliance Issues: Accounts and confirmation statements are filed on time with no overdue filings, indicating compliance with statutory requirements.
• Stable Fixed Assets Base: Fixed assets remain constant at £456,848, which may represent a valuable investment in property or equipment supporting business operations.

4. Due Diligence Notes:

• Investigate the nature and terms of long-term creditors to assess refinancing risk and repayment schedules.
• Obtain or request profit and loss information to understand operational performance and cash flow generation, as current filings omit this data.
• Review cash flow statements or bank records to assess liquidity management given current net current liabilities.
• Confirm the business model and revenue streams to evaluate sustainability given only one employee and limited financial disclosure.
• Assess director background and governance practices, noting that one director resigned early in the company’s life, but current director has no disqualifications.