Company Number: 14720963

Analysis Date: 2025-07-20 15:49 UTC

1. Risk Rating: HIGH
   Given the limited operational history (incorporated in March 2023), minimal net assets (£100), and current liabilities nearly equal to current assets (£12,500 vs £12,600), the company faces significant solvency and liquidity risk. The balance sheet shows a marginal net current asset position of only £100, indicating very thin working capital.

2. Key Concerns:

• Minimal Equity and Working Capital: Shareholders’ funds of just £100 and net current assets of £100 reflect extremely low capital buffer, raising concerns about the company’s ability to absorb financial shocks or meet short-term obligations comfortably.
• Director Loans as Liabilities: Loans from directors (£7,529) comprise a large portion of current liabilities, indicating dependence on director funding to manage operations, which may not be sustainable or indicative of external financing confidence.
• Very Early Stage with Limited Operating History: Having been active for just over one year, with no reported profit and loss data, it is difficult to assess operational stability or business model viability at this stage.

3. Positive Indicators:

• Compliance with Filings: All statutory filings, including accounts and confirmation statements, are up to date with no overdue filings or penalties, demonstrating good regulatory compliance to date.
• Clear Director and PSC Information: The company has a single director and controlling person documented, providing transparency regarding management and ownership.
• Industry Classification: The company operates in motor vehicle maintenance and repair, a sector with steady demand, which may support future operational sustainability if managed well.

4. Due Diligence Notes:

• Obtain detailed management accounts or cash flow forecasts to assess liquidity beyond year-end snapshot.
• Investigate the nature and terms of director loans to understand repayment expectations and potential financial risk.
• Review business plan and customer pipeline to evaluate operational viability and revenue generation prospects.
• Monitor future filings for profit and loss data and changes in capital structure or liabilities.
• Confirm no undisclosed liabilities or contingent risks exist beyond reported creditors.