Company Number: 14838203

Analysis Date: 2025-07-29 16:06 UTC

1. Risk Rating: HIGH
   The company exhibits a negative net asset position (£-281), zero current assets, and current liabilities of £1,780 with no reported cash or equivalents, indicating potential inability to meet short-term obligations. The absence of current assets and net current assets of zero raise significant liquidity concerns. Being a recently incorporated micro-entity with limited financial history further exacerbates the risk.

2. Key Concerns:

• Negative shareholders’ funds and net liabilities suggest insolvency risk.
• Zero current assets imply no liquid resources to cover immediate liabilities, indicating cash flow distress.
• Very limited operational history (just over one year) and no reported revenue or profit figures limit assessment of sustainable operations.

3. Positive Indicators:

• The company is current with all statutory filings (accounts and confirmation statements), demonstrating compliance with Companies House requirements.
• The company has a small but stable employee base (3 employees), indicating some operational activity.
• Directors are in place and the company is classified correctly as a micro entity under the small companies regime.

4. Due Diligence Notes:

• Investigate the nature of the £1,780 creditors falling due after more than one year and the absence of current assets to understand the company’s liquidity and solvency position.
• Assess the company’s business model, revenue generation, and cash flow projections since no income or profit data is available.
• Review the circumstances around director changes and the control structure, notably the recent resignation of the founding director and the concentration of shareholding and control.