Company Number: 13109995

Analysis Date: 2025-07-20 13:00 UTC

1. Risk Rating: LOW
   The company demonstrates a positive net asset position and improving net current assets over the last two years, indicating an ability to meet short-term obligations. No overdue filings and no indications of liquidation or administration support a low risk rating.

2. Key Concerns:

• Limited Share Capital: At £1.00, the share capital is minimal, which may restrict the company’s ability to raise equity funding if needed.
• Director Turnover: Recent resignation and appointment of directors within a short period could suggest governance or operational volatility that warrants monitoring.
• Small Scale and Micro-Entity Status: The company’s small size may imply limited operational scale and exposure to market fluctuations, which could impact long-term sustainability.

3. Positive Indicators:

• Consistent Positive Net Assets: Net assets increased from £5,213 in 2024 to £5,923 in 2025, demonstrating financial stability and modest growth.
• Positive Working Capital: Net current assets improved from £213 to £923, indicating improved liquidity and short-term financial health.
• Timely Compliance: No overdue accounts or confirmation statements, showing good regulatory compliance and governance practices.

4. Due Diligence Notes:

• Review Director Changes: Investigate reasons behind director resignations and appointments in 2024 to understand any potential governance or business continuity risks.
• Analyze Cash Flow and Profitability: Micro-entity accounts provide limited detail; obtaining management accounts or cash flow statements would clarify operational cash generation and solvency.
• Assess Business Model Sustainability: Given the SIC code indicates a take-away food business, evaluate market positioning, competition, and growth prospects to confirm ongoing operational viability.