Company Number: 15085873

Analysis Date: 2025-07-29 15:31 UTC

1. Risk Rating: HIGH
   The company exhibits significant solvency and liquidity concerns as indicated by negative net current assets and net liabilities within its first financial year. The minimal cash balance relative to current liabilities raises immediate concerns about its ability to meet short-term obligations.

2. Key Concerns:

• Negative net current assets (£-1,748) and net liabilities (£-1,748) indicate the company’s liabilities exceed its current assets, signaling solvency risk.
• Extremely low cash reserves (£13) compared to current liabilities (£3,316) suggest substantial liquidity constraints and potential cash flow difficulties.
• The company has no employees listed, which may imply limited operational capacity or early stage without established workforce resources.

3. Positive Indicators:

• The company is compliant with filing deadlines for both accounts and confirmation statements, indicating regulatory compliance and governance discipline.
• The business operates in construction (SIC codes 41202 and 41201), a sector with ongoing demand, potentially affording future growth opportunities.
• The sole director and 75-100% shareholder is identified, providing clear control and accountability.

4. Due Diligence Notes:

• Investigate the nature and timing of current liabilities to assess whether these are trade creditors, loans, or other obligations and the company’s plan to address them.
• Review current and projected cash flow statements to confirm the company’s ability to fund operations and meet creditor demands.
• Confirm whether the company has secured contracts or pipeline work to generate revenue and improve financial stability.
• Examine director’s plans for capital injections or restructuring to redress negative equity and support continuity.
• Verify the absence of employees is strategic or due to operational delays, and assess how this impacts business sustainability.