Company Number: 13053765

Analysis Date: 2025-07-20 18:54 UTC

1. Risk Rating: LOW
   The company exhibits a stable and improving financial position with positive net current assets and net assets increasing over the last three years. It files accounts and confirmation statements timely and operates within the micro-entity category, indicating limited complexity and financial exposure.

2. Key Concerns:

• Limited scale and capital: Share capital is minimal (£3.00), which may restrict financial flexibility.
• Small asset base: Total net assets are modest (£4,861 as of 2023), implying limited buffer against unexpected liabilities.
• Single employee and director: Operational dependency on one person could pose continuity risks.

3. Positive Indicators:

• Consistent growth in net current assets and shareholders’ funds from £449 in 2020 to £4,861 in 2023, showing improved solvency.
• No overdue filings or compliance issues, indicating good regulatory adherence.
• Clear control structure with a named PSC who exercises director appointment/removal rights, supporting governance transparency.

4. Due Diligence Notes:

• Review cash flow statements or bank records (if available) to verify liquidity beyond balance sheet figures.
• Assess business model sustainability given it operates in exhibition and fair organizing, which can be cyclical or impacted by external factors.
• Confirm any off-balance-sheet liabilities or contingent risks not visible in micro-entity accounts.
• Investigate director’s experience and plans for growth or diversification, given the small operational scale.