Company Number: 13114615

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

1. Risk Rating: MEDIUM
   The company shows modest net current assets and positive shareholders' funds, indicating some solvency. However, current liabilities are significant relative to current assets and cash balances, which represents a liquidity risk especially for a young company. The absence of an audit and limited financial disclosures also increase uncertainty.

2. Key Concerns:

• Liquidity Pressure: Current liabilities (£20,940) are close to current assets (£23,602) with only £9,729 in cash, suggesting limited cash buffer to meet short-term obligations.
• Young Company with Limited Track Record: Incorporated in 2021, the company has only three full years of financial data, limiting historical performance insight.
• Limited Financial Disclosure: Accounts are unaudited with no income statement provided, restricting assessment of profitability and operational cash flow stability.

3. Positive Indicators:

• Improving Net Current Assets: Net current assets increased from £796 in 2023 to £2,662 in 2024, showing an improving working capital position.
• Positive Shareholders' Funds Growth: Equity rose from £17,020 in 2023 to £21,789 in 2024, indicating retained earnings accumulation.
• Stable Director Control and Governance: No overdue filings; directors appear active with no disqualifications or governance red flags.

4. Due Diligence Notes:

• Obtain management accounts or cash flow forecasts to assess short-term liquidity and operational cash generation.
• Clarify the nature of current liabilities, especially the large taxation and social security creditor (£16,807), to understand timing and risk of payment default.
• Review director background and related party transactions given sole shareholder and control by Mr. William Alun Shackleton.
• Understand business model sustainability and client concentration given SIC code 96090 (Other service activities not elsewhere classified) is broad and non-specific.