Company Number: 12652034

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

1. Risk Rating: HIGH
   The company shows very limited financial history and scale, with only a single short accounting period filed and minimal assets. The absence of filed accounts beyond the initial period precludes a full assessment but signals potential operational or reporting weaknesses.

2. Key Concerns:

• Lack of Recent Financial Reporting: No accounts filed beyond the initial four-month period ending September 2020, despite no overdue status indicated. This raises concerns about regulatory compliance and transparency.
• Minimal Financial Base: Share capital is only £3, with net assets of £1,691 and current assets of £2,088 as of 2020, indicating a very small capital base and limited resources to meet obligations or invest in growth.
• Limited Operating History and Scale: Incorporated mid-2020, with only one employee reported and no fixed assets, suggesting the business is at a very nascent stage with uncertain operational stability.

3. Positive Indicators:

• No Current Overdue Filings: Although accounts beyond 2020 are missing, the company is not flagged as overdue for accounts or confirmation statement filings, indicating some current compliance awareness.
• No Reported Liabilities or Creditors: Absence of creditors or current liabilities in the last filed accounts reduces immediate solvency concerns from the balance sheet snapshot.
• Clear Ownership and Control: A named person with significant control holding 25-50% share and voting rights provides clarity on governance structure.

4. Due Diligence Notes:

• Investigate reasons for absence of accounts filings beyond 2020 and confirm if more recent financials exist or are delayed.
• Assess cash flow and operating performance since inception, including revenue streams and expenses, to gauge sustainability.
• Review director conduct and background given the company’s small scale and early stage; verify no disqualifications or adverse records.
• Confirm up-to-date status of statutory filings and explore any correspondence with Companies House regarding compliance.
• Evaluate the business plan and market position in the physical well-being activities sector for growth potential.