Company Number: 14155785

Analysis Date: 2025-07-29 21:23 UTC

1. Risk Rating: LOW
   Tinycleaner Limited demonstrates a stable and improving financial position for a micro-entity in its early years of operation. The net current assets and net assets have increased year-on-year, indicating an ability to meet short-term liabilities and build equity. There are no overdue filings or liquidation flags.

2. Key Concerns:

• Low absolute asset base and equity (£655 net assets), typical for a micro company but limits financial flexibility.
• Accruals and deferred income increased significantly (£913 in 2024 vs £613 in 2023), warranting review for potential short-term liabilities or revenue recognition issues.
• Limited financial disclosure and no audit (exempt under micro-entity rules), which restricts deeper insight into profitability and cash flow quality.

3. Positive Indicators:

• Net current assets improved substantially from £277 in 2023 to £1,120 in 2024, suggesting better working capital management.
• Consistent employment level (7 staff) indicates operational stability without sudden expansion or contraction.
• No overdue statutory filings and maintained active status reflect good regulatory compliance and governance.

4. Due Diligence Notes:

• Investigate nature and timing of accruals and deferred income to assess any contingent liabilities or revenue recognition policies.
• Review underlying cash flow statements and profit and loss data (not filed publicly) to confirm liquidity and operational profitability.
• Confirm the director’s background and any PSC interests to assess governance quality and potential conflicts.
• Understand customer base and contract terms in cleaning services sector to evaluate business sustainability and revenue visibility.