Company Number: 14501025

Analysis Date: 2025-07-29 12:33 UTC

1. Risk Rating: LOW
   Zenith Electrical Limited presents a low risk profile based on the available data. The company is active, filing accounts and confirmation statements on time, with positive net current assets and shareholders’ funds. The financial position appears stable for its early stage of operations.

2. Key Concerns:

• Limited operating history: Incorporated in late 2022, the company has only one financial year of accounts, restricting trend analysis and assessment of business sustainability.
• Minimal share capital: Issued share capital is nominal (£2), which may limit the company’s capacity to absorb financial shocks or raise equity funding quickly.
• No employees reported: The absence of employees may indicate a reliance on directors or outsourced labor, which could impact operational scalability and stability.

3. Positive Indicators:

• Positive working capital: Net current assets of £14,030 indicate the company can cover short-term liabilities comfortably.
• Shareholders’ funds of £20,851 suggest a net asset base supporting solvency.
• Directors and PSCs are the same individuals with clear control and no reported disqualifications or governance issues.
• Compliance appears sound with no overdue filings and accounts prepared according to UK accounting standards.

4. Due Diligence Notes:

• Investigate the nature and sustainability of revenue streams, as turnover and profit details are not disclosed due to abridged accounts.
• Confirm the company’s operational model given no employees and small share capital; understand supplier, customer, and cash flow arrangements.
• Review fixed assets in detail (net book value £6,821) to assess their role in operations and potential depreciation impact.
• Clarify directors’ plans for capital raising or growth to support expansion beyond initial start-up phase.