Company Number: 13547930

Analysis Date: 2025-07-29 19:15 UTC

1. Risk Rating: LOW
   The company demonstrates a positive net asset position with increasing shareholders’ funds over the past three years. There are no overdue filings or signs of regulatory non-compliance. The micro-entity status reflects a small scale operation, with limited complexity and risk exposure.

2. Key Concerns:

• Negative net current assets reported in the 2024 accounts (current liabilities exceed current assets), indicating potential short-term liquidity constraints.
• Reliance on a single director and 100% ownership, which may present governance risks and concentration of control.
• Limited employee base (one employee) suggests potential operational capacity constraints and dependency risk.

3. Positive Indicators:

• Steady growth in net assets from £1,861 in 2021 to £12,526 in 2024, indicating retained earnings or capital injections.
• No overdue accounts or confirmation statement filings, demonstrating good compliance with Companies House requirements.
• Fixed assets have increased, showing some reinvestment or asset acquisition.
• Clear and consistent director appointment with no disqualifications noted.

4. Due Diligence Notes:

• Verify the nature of current liabilities and cash flow management to assess if the negative net current assets in 2024 are temporary or indicative of liquidity stress.
• Review the business model and contracts to understand sustainability given the micro scale and limited staff.
• Confirm absence of related party transactions or financial support arrangements, given single director control.
• Consider obtaining detailed management accounts or cash flow forecasts if available, to better understand operational cash flows and working capital management.
• Investigate any contingent liabilities or off-balance sheet risks not captured in micro-entity accounts.