Company Number: 13507836

Analysis Date: 2025-07-29 14:56 UTC

1. Risk Rating: MEDIUM
   The company shows positive net asset growth but carries significant long-term liabilities, which raises moderate solvency concerns. The absence of employees and reliance on a limited asset base further contribute to operational risk.

2. Key Concerns:

• High long-term liabilities (£234,818) compared to net assets (£23,867) indicate potential solvency pressure if these debts are due for repayment or refinancing.
• Very low current assets (£10,255) and minimal net current assets (£7,925) suggest limited liquidity buffer to meet short-term obligations.
• No employees and no reported turnover data create uncertainty around operational sustainability and revenue generation capacity.

3. Positive Indicators:

• Net assets have increased from £5,480 in 2021 to £23,867 in 2024, reflecting some capital strengthening.
• All statutory filings including accounts and confirmation statements are up to date, indicating good regulatory compliance.
• The company is classified as micro-entity and benefits from reduced audit and filing burdens, which may reflect a low-complexity business model.

4. Due Diligence Notes:

• Investigate the nature and terms of the long-term liabilities to assess repayment schedules and refinancing risk.
• Clarify revenue generation and cash flow sources given the absence of employees and no profit and loss data filed.
• Review contractual arrangements and business model sustainability, particularly given the SIC codes related to property management and building finishing.
• Confirm director reputations and any related-party transactions given the control concentration with a single major shareholder and director.