Company Number: 15168843

Analysis Date: 2025-07-20 19:06 UTC

1. Risk Rating: HIGH
   Justification: The company is newly incorporated with minimal turnover (£16,226) and no net assets or current assets reported. It incurred a loss (£840) in the first year of trading and shows zero working capital, which indicates limited financial resilience. There is only one employee and no fixed assets, suggesting a very lean operation. The absence of cash or receivables on the balance sheet raises concerns about liquidity and ability to meet short-term obligations.

2. Key Concerns:

• Liquidity Risk: No current assets or net current assets reported, which implies no cash or liquid resources to cover liabilities.
• Operational Sustainability: Low revenue and operating at a loss in the first year without asset base or working capital raises questions about ongoing viability.
• Concentration of Control: Single director and sole shareholder controlling 100% equity and voting rights could pose governance risks and lack of oversight.

3. Positive Indicators:

• Compliance: Company is active and filings (accounts and confirmation statement) are up to date with no overdue documents or penalties.
• Clear Ownership Structure: Control is transparent and fully documented with a single PSC.
• Micro entity status: Simplified reporting reduces administrative burden which may be appropriate for a small startup.

4. Due Diligence Notes:

• Investigate cash flow and funding sources, including director loans or external financing.
• Review business plan and growth prospects to understand how the company intends to achieve profitability and build assets.
• Verify director’s background beyond Companies House data for any undisclosed risks.
• Monitor for subsequent filings to detect any rapid deterioration or improvement in financial position.