Company Number: 13043902

Analysis Date: 2025-07-20 12:22 UTC

1. Risk Rating: LOW
   WHITEMUIR LIMITED shows a stable financial position with positive net assets and no overdue filings. The company maintains minimal liabilities and a slight increase in net assets year over year, indicating sound solvency and compliance.

2. Key Concerns:

• Very low share capital (£2.00) which may limit capital buffer in financial distress situations.
• Minimal fixed assets and current net assets suggest limited operational scale and capital intensity.
• Small micro-entity size and limited employee count (2 employees) may imply dependency on key personnel and limited diversification.

3. Positive Indicators:

• Positive net current assets (£111) and net assets (£5,649) as of 2023 demonstrate the company can meet short-term obligations.
• No overdue accounts or confirmation statement filings, indicating good regulatory compliance and governance.
• Directors and Persons with Significant Control are clearly identified with stable appointment since incorporation, reflecting transparency and stable management.
• Steady growth in total assets less current liabilities from £1,981 in 2022 to £5,649 in 2023.

4. Due Diligence Notes:

• Review detailed cash flow data if available to confirm liquidity beyond balance sheet snapshots.
• Examine the nature of fixed assets and current assets to assess operational sustainability and asset quality.
• Consider the business model and revenue streams given the micro-entity classification and low turnover thresholds.
• Investigate any related party transactions or dependence on the two directors who are also major shareholders and PSCs.
• Confirm no contingent liabilities or off-balance sheet risks not evident in the micro-entity accounts.