Company Number: 14505942

Analysis Date: 2025-07-20 17:28 UTC

1. Risk Rating: MEDIUM

   The company is newly incorporated (since November 2022) and has a modest net current asset position (£1,927) with low absolute values of cash and creditors. While it is solvent on a balance sheet basis, the small scale and lack of revenue or profit data (no income statement filed) limit the assessment of operational performance and cash flow generation. The company's active status and timely filings are positive, but its very early stage and minimal financial buffer suggest moderate risk.

2. Key Concerns:

   • Limited Financial History and Scale: The company has only one year of accounts with minimal asset base (£10,402 current assets) and low cash reserves (£10,360), which may constrain operational flexibility and resilience.
   • Absence of Profit and Loss Information: No income statement was filed (as permitted for small companies), so revenue generation, profitability, and cash flow trends cannot be assessed, increasing uncertainty about ongoing viability.
   • Current Liabilities Nearing Current Assets: Current liabilities of £8,475 are substantial relative to current assets, leaving a narrow net working capital margin (£1,927), potentially exposing liquidity risk if cash inflows are not steady.

3. Positive Indicators:

   • Compliance and Governance: The company is active and up to date with statutory filings, including accounts and confirmation statements, indicating sound regulatory compliance.
   • Clear Ownership and Control: Two directors and PSCs, Jamie Will and Terence Michael Thornton, hold balanced control without evidence of director disqualifications or governance concerns.
   • No Audit Requirement: The company qualifies for audit exemption under the small companies regime, consistent with its size and complexity.

4. Due Diligence Notes:

   • Review Business Model and Revenue Sources: Investigate the nature of business activities under SIC code 84240 (Public order and safety activities) and whether there are contracts or clients generating sustainable income.
   • Cash Flow Projections: Obtain management forecasts or interim financial information to understand liquidity dynamics and ability to meet liabilities as they fall due.
   • Director Background Checks: Although no disqualifications are noted, further background on directors’ experience and financial standing would help assess management strength.
   • Related Party Transactions and Creditors Composition: Examine the nature of creditors (£8,475) to determine if they are trade creditors, tax liabilities, or related party loans, which can impact financial stability.
   • Future Capital Requirements: Assess if additional funding or capital injections are planned given the modest equity base (£1,927) and low retained earnings.