Company Number: 13171115

Analysis Date: 2025-07-29 17:29 UTC

1. Risk Rating: HIGH
   The company shows persistent negative net current assets and net liabilities, indicating a weak financial position with potential solvency concerns. The small scale and minimal assets limit its ability to absorb financial shocks or meet obligations promptly.

2. Key Concerns:

• Negative Net Current Assets: The company’s net current assets are negative (£285 in 2024), signaling potential liquidity issues to cover short-term liabilities.
• Minimal Operational Scale: No fixed assets, no employees, and very low cash balances suggest limited operational activity and revenue generation capability.
• Very Low Share Capital and Equity: Shareholders funds remain nominal (£285), which provides little financial buffer for losses or creditor claims.

3. Positive Indicators:

• Compliance with Filing: Accounts and confirmation statements are up to date with no overdue filings, indicating sound regulatory compliance and governance discipline.
• Company Status: The company remains active and not in liquidation or administration, which suggests ongoing operations, albeit very limited.
• Clear Ownership and Management: Director and person with significant control details are transparent and show no disqualifications or governance red flags.

4. Due Diligence Notes:

• Investigate the nature and sustainability of the company’s business model given the minimal assets and lack of employees.
• Review cash flow statements or management accounts, if available, to assess liquidity trends beyond balance sheet snapshots.
• Examine any contingent liabilities or off-balance sheet commitments that may impact solvency.
• Ascertain the source and timing of receivables listed under current assets (£4,255 in 2024) to evaluate collectability.
• Confirm whether related party transactions exist, given the small scale and concentration of control.