Company Number: 14810812

Analysis Date: 2025-07-29 14:52 UTC

1. Risk Rating: LOW

Justification: THE PERFORM EXPERIENCE LIMITED is a recently incorporated micro-entity with minimal financial activity reflected in its first set of accounts. The company shows positive net current assets, no overdue filings, and a sole controlling shareholder/director with full voting rights. The financial data and compliance status indicate low immediate risk, typical for a new small business.

2. Key Concerns:

• Limited Financial History: With incorporation in April 2023 and accounts only for a little over one year, there is insufficient financial history to assess operational performance or stability.
• Minimal Asset Base and Capitalisation: The company has very low current assets (£173) and net current assets (£38), indicating limited financial resources to absorb shocks or fund operations.
• Single Point of Control: One individual holds 75-100% ownership and voting rights, concentrating control and decision-making risk.

3. Positive Indicators:

• Compliance with Filing Requirements: Accounts and confirmation statement filings are up to date with no overdue notices, reflecting good regulatory compliance.
• Positive Net Current Assets: Despite small amounts, the company maintains net current assets, suggesting it can currently meet short-term liabilities.
• Clear Corporate Governance: Directors are properly appointed and domiciled in the UK, with no indications of disqualifications or governance issues.

4. Due Diligence Notes:

• Review Business Model and Revenue Streams: Understand the company’s operational plan given the micro-entity status and low asset base.
• Monitor Future Financial Reports: Subsequent accounts will be critical to evaluate growth, profitability, and liquidity trends.
• Assess Director Backgrounds and Related Party Transactions: Given concentrated ownership, any related party dealings or director transactions should be scrutinized for governance risks.