Company Number: 14786212

Analysis Date: 2025-07-20 13:39 UTC

1. Risk Rating: LOW
   The company is newly incorporated (April 2023) with micro-entity status and has filed accounts on time without overdue returns. It shows positive net assets and net current assets with minimal liabilities, suggesting solid solvency and liquidity at this early stage.

2. Key Concerns:

• Limited operational track record: Under 1.5 years since incorporation, restricting visibility on sustainable performance.
• Small scale: Micro-entity with just 3 employees and modest asset base, which may limit capacity to manage larger contracts or absorb shocks.
• Single controlling individual: One director and sole person with significant control holds 75-100% ownership and voting rights, concentrating governance risk without evident independent oversight.

3. Positive Indicators:

• Strong net asset position (£7,071) relative to liabilities, indicating adequate solvency.
• Healthy net current assets (£3,876) compared to current liabilities (£260), suggesting positive working capital and liquidity buffer.
• No overdue filings or regulatory compliance issues; accounts submitted timely and in accordance with micro-entity provisions.
• Clear industry focus on roofing and domestic building construction with appropriate SIC codes.

4. Due Diligence Notes:

• Verify trading history and revenue streams since incorporation to assess operational viability.
• Review cash flow statements and bank balances to confirm liquidity beyond balance sheet snapshot.
• Assess director’s background and related party transactions given sole control and multiple appointments.
• Confirm absence of contingent liabilities or off-balance sheet obligations that could impact solvency.
• Evaluate business plan and pipeline to understand growth prospects and sustainability.