Company Number: 14616233

Analysis Date: 2025-07-29 18:57 UTC

1. Risk Rating: LOW to MEDIUM
   Telegraph Heswall Ltd is a recently incorporated micro-entity with consistent filing compliance and positive net assets. The company shows improving working capital and equity, suggesting an early but stable financial position. However, the limited operating history and modest scale introduce some uncertainty typical of new small businesses.

2. Key Concerns:

• Limited Operating History: Incorporated in January 2023, the company has only two full years of financial data, which restricts trend analysis and risk predictability.
• Long-term Liabilities: The presence of £18,291 creditors falling due after one year in the 2025 accounts introduces some solvency risk if cash flows do not remain sufficient to meet these obligations.
• Concentration of Control: The sole director and 75-100% shareholder is Mr. Nicholas Demetrios, which may raise governance and succession concerns for institutional investors preferring diversified management and oversight.

3. Positive Indicators:

• Compliance and Governance: All statutory filings (accounts and confirmation statements) are up to date and within deadlines, indicating good regulatory compliance.
• Improving Financial Position: Net current assets increased from £548 (2024) to £37,381 (2025) and net assets rose significantly to £15,422, demonstrating growth in working capital and equity.
• Micro-entity Reporting: Utilization of micro-entity accounting provisions reflects appropriate cost and compliance management for a company of this size.

4. Due Diligence Notes:

• Verify the nature and terms of the £18,291 creditors due after one year to assess risk exposure and repayment schedules.
• Review cash flow projections and operational plans to confirm the sustainability of working capital growth and ability to service liabilities.
• Investigate director's background and related party transactions (e.g., director loan of £1,164 in 2024) to ensure transparent governance and absence of conflicts of interest.
• Seek confirmation of the company’s business model and revenue streams, particularly given SIC code 56302 (Public houses and bars), to evaluate operational stability amid sector challenges.