Company Number: 13560300

Analysis Date: 2025-07-29 20:02 UTC

1. Risk Rating: LOW to MEDIUM
   The company shows positive net assets and shareholder funds with no overdue filings or indications of insolvency. However, limited scale (micro-entity status with only 2 employees) and modest asset base suggest a susceptibility to operational or market shocks.

2. Key Concerns:

• Declining current assets and net current assets: Current assets decreased from £3,319 in 2023 to £2,114 in 2024, with net current assets declining from £1,841 to £593, indicating reduced liquidity cushion.
• Absence of long-term liabilities in 2024 after presence in 2023: The removal of £2,825 creditors due after more than one year from 2023 to 2024 should be clarified (repayment or reclassification).
• Very small scale and single director ownership: The company is a small operation controlled entirely by one director with only 2 employees, which could pose operational continuity and governance risks.

3. Positive Indicators:

• Positive net assets and shareholders’ funds growth: Net assets increased from £2,043 in 2023 to £3,166 in 2024, signaling improved equity position.
• No overdue filings or compliance issues: Both accounts and confirmation statements are filed on time, indicating good governance and compliance.
• Stable director presence with clear PSC: The sole director is also the 100% controlling party, suggesting aligned interests and clear accountability.

4. Due Diligence Notes:

• Confirm the nature and resolution of the £2,825 long-term creditors recorded in 2023 and absent in 2024 to assess impact on cash flow and solvency.
• Review detailed cash flow statements and debtor aging to evaluate liquidity trends beyond balance sheet snapshots.
• Assess business sustainability given the micro size and limited employee base—understand revenue streams, customer concentration, and competitive positioning.
• Verify any related party transactions or director loans given the single director ownership structure.
• Investigate the absence of audit and reliance on micro-entity provisions to confirm adequacy of financial controls and disclosures.