Company Number: 13554635

Analysis Date: 2025-07-19 12:41 UTC

1. Risk Rating: HIGH
   The company shows extremely minimal net assets (£9 in 2024) and practically no financial buffer to meet liabilities or absorb operational shocks. The micro-entity accounts reveal a nominal capital base, which raises significant concerns about solvency and financial stability.

2. Key Concerns:

• Very low capital and net assets: Net assets of only £9 as of 2024 year-end indicate the company is barely capitalized and may struggle to meet obligations or grow.
• Minimal financial activity or substance: The tiny asset base, coupled with only 2 employees and no detailed financial data on revenues or profits, suggests limited operational scale and weak sustainability.
• Lack of audit and limited disclosures: Being a micro-entity exempt from audit and detailed reporting limits transparency, making risk assessment difficult and increasing uncertainty for investors.

3. Positive Indicators:

• No overdue filings: The company is up to date with accounts and confirmation statements, indicating compliance with statutory requirements.
• Active status: The company is currently active and not under liquidation or administration.
• Experienced management: Presence of a director with accounting expertise (David Colom) and multiple directors with relevant backgrounds may support governance.

4. Due Diligence Notes:

• Investigate the company's business model and revenue streams given minimal asset base and lack of detailed financials.
• Review cash flow statements and any related party transactions to assess liquidity position and operational funding sources.
• Confirm the nature and extent of contracts or fee income from real estate management activities under SIC 68320.
• Assess the reason for the extremely low capital and whether there are plans for capital injection or growth strategies.