Company Number: 15398251

Analysis Date: 2025-07-19 12:23 UTC

1. Risk Rating: HIGH
   The company exhibits significant solvency concerns due to net liabilities of £8,223 within its first financial period. Current liabilities substantially exceed current assets, and shareholders’ funds are negative, indicating financial instability and risk of inability to meet obligations.

2. Key Concerns:

• Negative net current assets of £8,223 demonstrate a working capital deficit, raising liquidity concerns.
• Net liabilities and negative shareholders’ funds suggest the company is insolvent on a balance sheet basis, which is a red flag for sustainability.
• The company is newly incorporated (January 2024) with only one employee and limited financial history, increasing uncertainty about operational viability and capacity to generate cash flow.

3. Positive Indicators:

• The company is compliant with statutory filing requirements to date, showing no overdue accounts or confirmation statements, demonstrating good governance discipline.
• The director holds full ownership and control, which may facilitate swift decision-making and strategic direction.
• The business operates in a niche staffing sector (domestic staffing), with an active website and social media presence, suggesting marketing efforts to build the client base.

4. Due Diligence Notes:

• Investigate the nature of the creditors amounting to £9,196: terms, repayment schedules, and if these include any related party loans or trade payables.
• Review cash flow forecasts and funding plans to understand how the company intends to address the current working capital deficit.
• Assess contracts or agreements underpinning debtor balances (£876) for collectability and timing.
• Confirm if the director or shareholders have injected or plan to inject additional capital to support operations.
• Evaluate market demand and competitive positioning in the temporary domestic staffing sector to gauge long-term sustainability.
• Verify that the director has no adverse conduct records or prior disqualifications.