Company Number: 14744446

Analysis Date: 2025-07-20 15:28 UTC

1. Risk Rating: LOW
   The company shows a strong liquidity position with significant cash reserves and net current assets. It is newly incorporated and has filed accounts and confirmation statements on time, indicating compliance.

2. Key Concerns:

• Limited operating history due to incorporation in 2023, making financial and operational sustainability harder to assess.
• High level of accrued liabilities and deferred income (£254,537) within current liabilities suggests significant obligations or prepayments needing monitoring.
• Sole ownership and control by one individual (PSC) may pose governance concentration risk.

3. Positive Indicators:

• Healthy net current assets of £126,414 supported by cash of £406,617, indicating good liquidity to meet short-term obligations.
• Positive net assets of £158,846 and no overdue filings suggest prudent financial management and regulatory compliance.
• The company operates in creative sectors (exhibition, sound recording, video production), which can have scalable revenue potential if managed well.

4. Due Diligence Notes:

• Confirm the nature of accrued liabilities and deferred income to understand if these represent future revenue or pending expenses.
• Review cash flow statements or projections (if available) for sustainability beyond the first year.
• Investigate contractual or commercial agreements behind intangible assets (£32,432) and assess impairment risk.
• Assess director experience and governance practices given PSC concentration and recent formation.