Company Number: 14937834

Analysis Date: 2025-07-20 11:14 UTC

1. Risk Rating: LOW

Justification: Ruralspace Limited is a newly incorporated micro-entity with a clean regulatory compliance record, positive net current assets, and no overdue filings. The financial position as of 30 June 2024 shows a healthy liquidity buffer relative to short-term liabilities, and the sole director and controlling shareholder appears stable with no adverse records.

2. Key Concerns:

• Limited operating history: Incorporated in June 2023, the company has less than two years of trading, which limits the ability to assess ongoing operational sustainability and financial trends.
• Small scale and single employee: The company employs only one person (the director), suggesting limited operational capacity and potential vulnerability to business disruption.
• Absence of profit and loss details: The director has elected not to include a profit and loss account, restricting insight into revenue generation, expenses, and profitability which are critical for assessing operational viability.

3. Positive Indicators:

• Satisfactory liquidity position: Current assets of £59,850 against current liabilities of £24,880 result in net current assets of £35,255, indicating the company can meet short-term obligations comfortably.
• No overdue statutory filings: Accounts and confirmation statement are up to date, reflecting good regulatory compliance and governance.
• Strong ownership and control: The sole director owns 75-100% of shares and voting rights, ensuring clear decision-making authority and alignment of interests.

4. Due Diligence Notes:

• Confirm the nature and sustainability of revenue streams given the lack of profit and loss information.
• Investigate the business model and market positioning within SIC 74909 to understand growth prospects and competitive landscape.
• Review any related party transactions or director loans since the company is closely held and small.
• Ascertain cash flow management practices and any contingent liabilities not disclosed in micro-entity accounts.
• Monitor future filings for trends in financial performance and any changes in ownership or directorship.