Company Number: 13037210

Analysis Date: 2025-07-20 11:43 UTC

1. Risk Rating: MEDIUM
   The company demonstrates modest net assets and positive working capital but on a very small scale typical of a micro-entity. The limited capital base and declining current assets raise moderate concerns regarding its ability to absorb financial shocks or support growth.

2. Key Concerns:

• Declining Net Current Assets: Net current assets decreased from £870 in 2023 to £519 in 2024, indicating tightening liquidity.
• Minimal Share Capital and Equity: Share capital is only £100 with shareholders funds under £600, reflecting limited financial cushion.
• Single Director and Employee: Operational dependency on one individual may pose sustainability and governance risks.

3. Positive Indicators:

• Compliance with Filing Requirements: No overdue accounts or confirmation statements, reflecting good regulatory compliance.
• Positive Net Assets and Working Capital: Despite reductions, the company remains solvent with net assets and positive net current assets.
• Active Status with Clear Ownership: The sole director and 75-100% shareholder control is transparent and stable.

4. Due Diligence Notes:

• Investigate cash flow patterns and reasons for the reduction in current assets and net working capital.
• Confirm if there are any contingent liabilities or off-balance sheet risks not disclosed in the accounts.
• Review the business pipeline and revenue trends to assess operational sustainability given the micro scale and single employee structure.