Company Number: 14597894

Analysis Date: 2025-07-20 13:48 UTC

1. Risk Rating: LOW
   The company is newly incorporated (2023), with modest turnover and positive net current assets. It has no overdue filings and is not in liquidation, indicating good compliance and operational status for a micro entity.

2. Key Concerns:

• Limited Financial History: Being a new entity with just over one year of trading, there is a limited track record to assess long-term viability and performance trends.
• Modest Turnover and Margins: Turnover of approximately £51k with a gross margin of about £11.7k (turnover minus materials) is quite small, suggesting limited scale and potential vulnerability to market fluctuations.
• Single Director Control: The sole director and 100% shareholder, while common in micro companies, concentrates control and risk in one individual, which could raise governance and continuity concerns.

3. Positive Indicators:

• Positive Net Current Assets: The company reports net current assets of £3,429, indicating short-term liquidity to meet immediate obligations.
• No Overdue Filings or Compliance Issues: Accounts and confirmation statements are filed on time, demonstrating regulatory compliance.
• Profitability in First Year: Despite modest turnover, the company made a profit of £6,434, which is a positive sign for initial operational stability.

4. Due Diligence Notes:

• Verify the nature and sustainability of revenue streams given the SIC code (agents involved in sale of a variety of goods) and modest turnover.
• Review director background and capacity to sustain business operations long-term, given the single director structure.
• Assess any contingent liabilities or off-balance sheet risks, although none were disclosed in the accounts.
• Confirm whether there are any additional financing arrangements or shareholder loans not reflected in micro entity accounts.