Company Number: 13215308

Analysis Date: 2025-07-29 14:13 UTC

1. Risk Rating: LOW
   The company demonstrates stable net asset value with consistent figures over four years, no overdue filings, and a clear ownership and director structure. The small scale and limited liabilities reduce risk exposure.

2. Key Concerns:

• Minimal Scale: The company operates with only one employee and very limited fixed assets, which may constrain operational capacity and scalability.
• Lack of Profit & Loss Disclosure: The director has chosen not to file a profit and loss account, limiting insight into profitability and cash flow dynamics.
• Concentrated Control: With a single director and one PSC holding between 25-50% shares and voting rights, governance risks related to decision-making concentration exist.

3. Positive Indicators:

• Timely Compliance: All statutory accounts and confirmation statements are filed on time with no overdue reports.
• Stable Financial Position: Net assets and shareholders’ funds remain consistent at £100 across four years, indicating no erosion of equity or liabilities.
• Clean Status: The company is active, not in liquidation or administration, suggesting ongoing operational viability.

4. Due Diligence Notes:

• Obtain detailed profit and loss statements or management accounts to assess revenue, expenses, and profitability, given the absence of filed P&L accounts.
• Review cash flow statements to confirm liquidity beyond the static cash balance of £48.
• Investigate the nature and performance of the subsidiary undertaking valued at £52 fixed assets.
• Assess dependency on the single director and related party transactions that may affect operational stability.
• Confirm the operational business model given the small employee base and limited asset base in a construction sector context.