Company Number: 12917450

Analysis Date: 2025-07-29 13:03 UTC

1. Risk Rating: HIGH
   The company exhibits significant solvency risk due to negative net assets reported in 2024 and a substantial increase in long-term creditors, which suggests an inability to meet obligations without additional funding or restructuring.

2. Key Concerns:

• Net assets shifted from positive £4,246 in 2023 to negative £1,946 in 2024, indicating a deterioration in financial position.
• Creditors due after more than one year increased sharply from £559 to £2,930, implying increased long-term liabilities that may strain solvency.
• Current assets have decreased markedly from £4,805 in 2023 to £984 in 2024, significantly reducing liquidity and raising concerns about cash flow to cover short-term obligations.

3. Positive Indicators:

• The company remains active and compliant with filing deadlines, with no overdue accounts or confirmation statements, indicating sound regulatory compliance.
• The director has maintained continuous appointment since incorporation, suggesting stable governance at the leadership level.
• The micro-entity status implies limited operational scale, which may reduce complexity and associated financial risks.

4. Due Diligence Notes:

• Investigate the nature and terms of the increased long-term creditors to assess repayment obligations and impact on cash flows.
• Review management accounts or cash flow statements (if available) for 2024 to understand operational cash generation and liquidity management.
• Clarify reasons behind the sharp decline in current assets and net assets—whether due to operational losses, asset write-downs, or capital withdrawals.
• Confirm whether the sole director’s occupation as a nurse affects operational oversight or involvement in the core business activities.
• Examine any underlying contracts or service agreements related to the SIC code 87200 to assess business sustainability.