Company Number: 15111673

Analysis Date: 2025-07-19 11:52 UTC

1. Risk Rating: LOW
   The company shows a strong liquidity position with cash balances significantly exceeding current liabilities, positive net assets, and no overdue filings, indicating sound financial health and compliance.

2. Key Concerns:

• Reliance on a single director and shareholder (Gary Green) poses governance concentration risk.
• The company owes the director £73,018 as an interest-free loan with no fixed repayment date, which may affect cash flow flexibility.
• The company is very new (incorporated in September 2023) with only one financial year of data, making trend analysis and operational stability assessment limited.

3. Positive Indicators:

• Healthy net current assets (£84,247) and net assets (£111,149) relative to current liabilities (£112,607).
• Strong cash position (£196,854) providing liquidity to meet short-term obligations.
• No overdue statutory filings (accounts and confirmation statement up to date).
• Profit and loss reserves indicate profitability (£147,230 profit with dividends paid but retained positive equity).
• Tangible fixed assets present, indicating investment in operational capacity.

4. Due Diligence Notes:

• Investigate the nature and terms of the director loan, including repayment plans and potential impact on liquidity.
• Review business plans and contracts to assess operational sustainability beyond the first year.
• Confirm no undisclosed related party transactions or contingent liabilities.
• Monitor governance practices given single director/shareholder control for potential succession or decision-making risks.
• Validate that reported profits and dividends align with cash flows to rule out earnings quality concerns.