Company Number: 14555474

Analysis Date: 2025-07-20 11:32 UTC

1. Risk Rating: HIGH

Justification: The company has no recorded assets, liabilities, cash, or income as of its latest financial year-end. It also has no employees and minimal operational history given its recent incorporation in late 2022. These factors indicate a lack of financial substance and operational activity, raising concerns about its ability to meet obligations or sustain operations.

2. Key Concerns:

• Absence of financial resources: Zero cash, assets, and liabilities reported, which suggests no current financial buffer or capital.
• No employees and no remuneration paid to directors: Indicates the company may not be operationally active or generating revenue.
• Limited operational track record: Incorporated in December 2022 with only one financial period filed; insufficient history to assess business sustainability.

3. Positive Indicators:

• Compliance with filing requirements: Accounts and confirmation statement are filed on time with no overdue filings.
• Clear mission and community focus: The company is a Community Interest Company (CIC) with a defined social purpose targeting widow support, which may attract grants or donations.
• Experienced directors with relevant occupations: Directors have relevant community and mental health roles, indicating alignment with the company’s objectives.

4. Due Diligence Notes:

• Investigate sources of funding and cash flow plans, including grants or donations expected or received.
• Review any contracts, service agreements or operational plans to understand how the company intends to deliver on its stated objectives.
• Ascertain whether any assets or liabilities exist off the balance sheet or if financial activity has occurred since the last filing.
• Confirm the governance structure and whether directors are providing volunteer services or if funding is anticipated to support paid staff.