Company Number: 12739259

Analysis Date: 2025-07-29 16:27 UTC

1. Risk Rating: MEDIUM
   The company shows a modest asset base with no current liabilities in the most recent year, indicating low immediate solvency risk. However, the significant reduction in current assets from £5,361 in 2023 to £842 in 2024, coupled with very low absolute asset values, suggests potential liquidity constraints and operational scale limitations that could impair financial flexibility.

2. Key Concerns:

• Sharp decline in current assets (from £5,361 in 2023 to £842 in 2024) without a corresponding reduction in liabilities (liabilities reported as zero in 2024 but were £3,026 in 2023), which may reflect cash flow pressures or asset depletion.
• Very low capital base with share capital only £1 and net assets under £1,000, highlighting minimal equity cushion against risks or losses.
• Single director with no PSC information disclosed, raising questions about governance and control transparency.

3. Positive Indicators:

• No overdue filings for accounts or confirmation statements, demonstrating regulatory compliance to date.
• Current liabilities reported as zero in the latest accounts, removing immediate solvency pressure from short-term debts.
• Maintains micro-entity status, which simplifies compliance and reporting burden, suitable for a small-scale operation.

4. Due Diligence Notes:

• Investigate the nature and cause of the reduction in current assets during the latest financial year and confirm if this impacts ongoing liquidity or operational capabilities.
• Clarify whether the zero current liabilities in 2024 represent genuine debt repayment or potential accounting classification changes.
• Assess director background and governance practices, including PSC disclosures, to understand ownership structure and any related risks.
• Review turnover and cash flow statements (if available) to evaluate ongoing operational sustainability beyond balance sheet snapshots.