Company Number: 12784884

Analysis Date: 2025-07-19 12:43 UTC

1. Risk Rating: MEDIUM
   The company's latest financials show a significant reduction in net assets and a large creditor balance falling due after more than one year, indicating potential solvency and liquidity pressure. However, it remains active, compliant with filings, and has a controlling director with stable ownership.

2. Key Concerns:

• Sharp decline in net assets from £21,552 (2023) to £6,043 (2024) suggests deteriorating financial health.
• Introduction of long-term creditors (£33,780) in 2024 absent in prior year points to increased leverage or deferred obligations.
• Negative net current assets in 2024 (-£8,232) versus positive previously, implying potential short-term liquidity constraints.

3. Positive Indicators:

• The company remains fully up-to-date on statutory filings with no overdue accounts or confirmation statements.
• Maintains a small but stable workforce (2 employees), indicating operational continuity.
• Director and significant control held by a single individual (Tarek Ahmed Issa) may facilitate swift decision-making and governance.

4. Due Diligence Notes:

• Investigate nature and terms of the long-term creditors recorded in 2024 to assess repayment risk and liquidity impact.
• Review cash flow statements or bank statements (if available) for recent periods to evaluate actual liquidity position and working capital management.
• Obtain management commentary or strategic reports (if any) to understand reasons behind asset and equity decline and future business outlook.
• Verify if any contingent liabilities or off-balance sheet obligations exist that could exacerbate financial risks.