Company Number: 13028757

Analysis Date: 2025-07-20 12:05 UTC

1. Risk Rating: LOW

The company is categorized as a micro-entity and has maintained compliance with filing deadlines, indicating good regulatory adherence. The financial statements reflect positive net current assets, albeit modest, suggesting the company can meet its short-term obligations. There is a stable shareholder structure with a single director and majority owner.

2. Key Concerns:

• Very Limited Capital Base: Share capital is only £1.00 and net assets have declined from £403 in 2022 to £78 in 2023, indicating minimal buffer against losses or financial shocks.
• Thin Working Capital: Net current assets dropped significantly from £403 to £78 year on year, which could constrain liquidity and operational flexibility.
• Lack of Audit and Limited Disclosures: As a micro-entity, accounts are unaudited and minimal in detail, restricting deeper assessment of financial health and operational risks.

3. Positive Indicators:

• Compliance: The company’s accounts and confirmation statement filings are up to date with no overdue reports, demonstrating good governance.
• Operational Continuity: The company has been active since incorporation in 2020 with steady, though small, asset levels and consistent employment of one staff member.
• Clear Ownership and Management: The sole director and 75-100% shareholder is clearly identified, which simplifies accountability and control.

4. Due Diligence Notes:

• Investigate revenue streams and profitability trends, not available in current filings, to assess operational sustainability.
• Review cash flow statements and creditor terms to evaluate liquidity management beyond balance sheet snapshots.
• Confirm any contingent liabilities or off-balance sheet risks that may affect solvency.
• Assess potential director related party transactions given single ownership and directorship.