Company Number: 15024144

Analysis Date: 2025-07-29 13:05 UTC

1. Risk Rating: MEDIUM
   Justification: The company is newly incorporated and classified as a micro-entity with limited financial history. The balance sheet shows negative net current assets suggesting liquidity pressure, yet positive net assets indicate some initial capital. No overdue filings or regulatory issues are apparent, but the short operating history and working capital deficit pose moderate risk.

2. Key Concerns:

• Negative net current assets (£-3,857) indicate potential short-term liquidity constraints to meet current liabilities.
• Very limited operating history (incorporated July 2023) restricts ability to assess ongoing operational stability and profitability.
• Small asset base and low current assets (£2,005) relative to liabilities (£5,862) may stress cash flow, especially in a competitive food service sector.

3. Positive Indicators:

• Compliance is up-to-date with no overdue accounts or confirmation statements.
• Sole director and 75-100% shareholder is identified with no adverse records, suggesting clear governance and control.
• The company has modest fixed assets (£5,500), reflecting some investment in operational capacity.

4. Due Diligence Notes:

• Investigate cash flow forecasts and access to additional financing to address working capital shortfall.
• Review detailed profit and loss data if available, to assess revenue generation and cost control since inception.
• Confirm any contingent liabilities or off-balance sheet commitments that could exacerbate liquidity risks.
• Assess director’s experience and plans for business growth given the competitive nature of take-away food services.