Company Number: 13790318

Analysis Date: 2025-07-20 17:16 UTC

1. Risk Rating: HIGH
   The company exhibits significant solvency risks with net liabilities of £73,364 as of the latest financial year end and negative net current assets of £150,925, indicating that current liabilities substantially exceed current assets. This weak financial position suggests difficulty in meeting short-term obligations.

2. Key Concerns:

• Negative Net Assets and Shareholders’ Funds: The company’s shareholders’ funds are negative and have deteriorated from -£37,326 in 2023 to -£73,364 in 2024, showing worsening financial health.
• Severe Working Capital Deficit: Current liabilities (£259,992) greatly exceed current assets (£109,067), resulting in a large net current liabilities position. This raises liquidity concerns and potential cash flow constraints.
• No Employees Reported: The company reported zero employees on average for the year, which may indicate operational challenges or reliance on directors without formal employment, raising questions about sustainability and business scale.

3. Positive Indicators:

• Compliance with Filings: Both accounts and confirmation statement filings are up to date and not overdue, suggesting good regulatory compliance.
• Experienced Directors: The two managing directors have been in place since incorporation, providing stability in leadership.
• Ownership Control: A single controlling shareholder (J Dot Holdings UK Limited) with 75-100% ownership and voting rights may provide continuity and potential support.

4. Due Diligence Notes:

• Investigate the reason behind the negative debtor balance (£-5,534) and whether this is a reporting anomaly or related to credit notes/refunds.
• Clarify the company’s business model and how it operates with zero employees, including whether it outsources operations or relies solely on directors.
• Review cash flow statements and creditor payment terms to assess short-term liquidity management and risk of default.
• Assess any contingent liabilities or off-balance sheet obligations not visible in the accounts.
• Confirm the nature and reason for the goodwill asset (£23,750) and whether impairment reviews have been conducted.
• Consider the impact of the ongoing losses on future funding needs and shareholder support plans.

Executive Summary:
3AK Slough Limited is currently in a financially precarious position with significant negative net assets and a large working capital deficit, posing high solvency and liquidity risks. Despite timely regulatory filings and stable ownership, the lack of employees and worsening financial metrics raise concerns about operational sustainability. Further investigation into cash flow management and operational structure is recommended to assess ongoing viability.