Company Number: 14254728

Analysis Date: 2025-07-20 17:18 UTC

1. Risk Rating: HIGH
   The company shows significant negative net assets and net current liabilities as of the latest financial year end, indicating solvency concerns. The very low turnover combined with negative equity and current liabilities exceeding current assets is a red flag for financial stability.

2. Key Concerns:

• Negative net assets of £4,800 at year-end 2024, down from positive net assets in prior periods, signaling a deterioration in financial health.
• Net current liabilities of £4,800, showing an inability to cover short-term obligations with current assets.
• Operating loss of £4,737 on very low turnover (£5,672), pointing to unprofitable operations and potential cash flow issues.

3. Positive Indicators:

• The company is up to date with both accounts and confirmation statement filings, indicating regulatory compliance and good governance in terms of statutory reporting.
• No fixed assets or depreciation charges imply the company is asset-light, which may reduce fixed overheads.
• Small size and micro-entity status reduce complexity and filing burden.

4. Due Diligence Notes:

• Investigate the nature and timing of current liabilities (£5,427) to assess immediate solvency risks and creditor pressure.
• Review cash flow statements or bank balances if available to understand liquidity dynamics better.
• Clarify the business model and revenue generation plans given the low turnover and operating loss.
• Verify the relationship between the current director appointed 2024-12-30 and the previous director to assess governance continuity.
• Assess any contingent liabilities or off-balance sheet commitments despite none reported, especially given the negative equity position.