Company Number: 14635368

Analysis Date: 2025-07-20 15:56 UTC

1. Risk Rating: LOW
   The company demonstrates a strong net current asset position and net assets of approximately £733k against current liabilities of £284k. There are no indications of overdue filings or regulatory non-compliance. The business appears solvent with adequate working capital at this early stage.

2. Key Concerns:

• High debtor balance (£868k) relative to cash (£100k) could pose liquidity risk if collection is delayed.
• Limited operating history (incorporated 2023) means financial stability and business sustainability remain unproven.
• Absence of an income statement and audit reduces transparency on profitability and cash flow dynamics.

3. Positive Indicators:

• Solid net current assets (£685k) and shareholders’ funds (£733k) indicate a healthy balance sheet structure.
• Up-to-date statutory filings with no overdue accounts or confirmation statements.
• Directors fully disclosed with no disqualifications or governance issues reported.
• The company operates in a specific niche (television programme production) with tangible fixed assets supporting operations.

4. Due Diligence Notes:

• Verify collectability and aging of trade debtors to assess true liquidity position.
• Obtain management accounts or cash flow forecasts to understand operational cash generation.
• Review any contractual commitments or contingent liabilities not disclosed in current filings.
• Confirm whether there are any related party transactions or loans from directors.
• Investigate client concentration risk given large debtor balance.