Company Number: 14850560

Analysis Date: 2025-07-29 19:12 UTC

1. Risk Rating: MEDIUM
   The company is newly incorporated (2023) and has filed accounts on time with a positive net asset base; however, the close proximity of current liabilities to current assets and the presence of a director loan account repayable on demand introduce moderate liquidity and solvency risk.

2. Key Concerns:

• Liquidity tightness: Current assets (£108,367) exceed current liabilities (£102,044) by only £6,323, indicating limited working capital buffer.
• Director loan dependency: The company relies on a £31,000 director loan repayable on demand, which could strain cash flows if repayment is demanded unexpectedly.
• Limited operating history: Being less than a year old limits visibility on operational stability and financial performance trends.

3. Positive Indicators:

• Positive net assets of £21,966 suggest initial capital adequacy.
• Strong cash position (£93,665) relative to total current assets provides some short-term liquidity comfort.
• No overdue filings or regulatory compliance issues; the company is in active status and has complied with filing deadlines.

4. Due Diligence Notes:

• Review detailed profit and loss figures and cash flow statements (not filed publicly) to assess profitability and operational cash generation.
• Clarify terms and conditions around the director loan, including interest accrual and repayment schedule.
• Investigate client base and contract pipeline given the SIC code (development of building projects) to understand business sustainability and revenue visibility.
• Monitor for any forthcoming audit requirements or changes in account filing categories as turnover grows.