Company Number: 14525839

Analysis Date: 2025-07-20 13:58 UTC

1. Risk Rating: HIGH
   The company exhibits a weak financial position with negative net current assets and shareholders' funds, indicating potential solvency and liquidity issues for a business incorporated less than two years ago.

2. Key Concerns:

• Negative Working Capital: Net current assets stand at -£7,607, meaning current liabilities exceed current assets, which may signal liquidity difficulties in meeting short-term obligations.
• Negative Shareholders’ Funds: Shareholders’ funds are negative at -£6,870, indicating the company’s liabilities exceed its assets and it is technically insolvent on a balance sheet basis.
• Early Stage with Limited Financial History: Incorporated in December 2022, the company’s financial track record is limited to just over one year, restricting the ability to assess operational stability or profitability trends.

3. Positive Indicators:

• Compliance with Filing Obligations: The company is current with its accounts and confirmation statement filings, indicating good regulatory compliance and governance in this area.
• Limited Overheads: The company operates with an average of two employees, suggesting a lean cost base.
• Full Control by a Single PSC: Gregory Howard Press controls 75-100% of shares and voting rights, which may facilitate decisive management and capital injections if necessary.

4. Due Diligence Notes:

• Review detailed cash flow statements and bank balances to assess liquidity beyond the balance sheet snapshot.
• Investigate the nature of current liabilities to understand timing and risk of default.
• Examine the business model and revenue generation plans given the negative net assets and early stage of operation.
• Confirm absence of director disqualifications or adverse regulatory actions for key persons.
• Explore any contingent liabilities or off-balance sheet commitments.