THURSTON KING ARCHITECTS LTD

Executive Summary

Thurston King Architects Ltd is a newly formed, compliant private limited company operating as a micro-entity in the architectural sector. Despite limited financial history and small scale, the company demonstrates a positive net asset position and timely regulatory filings, suggesting low immediate risk. Further due diligence on operational plans and financial details is advised to assess sustainability beyond the startup phase.

THURSTON KING ARCHITECTS LTD - Analysis Report

Company Number: 15255331

Analysis Date: 2025-07-29 20:04 UTC

1. Risk Rating: LOW

The company is newly incorporated (Nov 2023) and currently active with no indication of financial distress or regulatory non-compliance. Its financials, while limited due to micro-entity status, show a positive net asset position and no overdue filings.

2. Key Concerns:

• Minimal financial history: Only one financial period filed, limiting trend analysis and long-term viability assessment.
• Net current assets figure appears inconsistent in the accounts document (balance sheet shows net current assets £694 but current assets less current liabilities calculation suggests otherwise); requires clarification.
• Small scale with only 2 employees and micro-entity status may limit operational scalability and resilience to market fluctuations.

3. Positive Indicators:

• The company is compliant with filing deadlines for accounts and confirmation statements, showing good regulatory adherence.
• Positive net assets (£1,557) and no overdue accounts or returns indicate current solvency and liquidity are maintained.
• Directors appear to have relevant professional backgrounds (architects), and two individuals hold significant control with balanced shareholding and voting rights, suggesting stable governance.

4. Due Diligence Notes:

• Verify the apparent discrepancy in net current assets between summary data and detailed accounts.
• Review directors’ experience and background in architecture and business management for operational sustainability.
• Investigate the company’s business plan and pipeline to assess growth prospects beyond micro-entity status.
• Confirm no director disqualifications or adverse regulatory actions beyond the basic director data available.
• Request more detailed financial information (profit and loss, cash flow) if available to evaluate liquidity dynamics more thoroughly.