Company Number: 12475434

Analysis Date: 2025-07-29 17:10 UTC

1. Risk Rating: HIGH
   The company exhibits significant solvency and liquidity concerns, with net current liabilities worsening from -£15,280 in 2020 to -£43,164 in 2024 and no reported current assets in the latest year. The absence of employees and minimal share capital further point to limited operational activity and financial resources.

2. Key Concerns:

• Negative Net Current Assets: Persistent and growing net current liability position indicates inability to meet short-term obligations from available liquid assets.
• Zero Current Assets in Latest Year: No liquid resources reported in 2024 to cover £43k+ liabilities raises immediate liquidity risk.
• No Employees or Operational Scale: Zero reported employees and minimal share capital (£1,000) suggest very limited operational capacity or possible dormancy despite "Active" status.

3. Positive Indicators:

• No Overdue Filings: Both accounts and confirmation statements are up to date, indicating compliance with statutory filing requirements.
• Single Controlling Shareholder: Clear ownership structure with 75-100% control by one director may facilitate swift decision making and potential capital infusion.
• Active Website and Contact Email: Presence of an active website and contact email implies some level of business presence and attempt at market engagement.

4. Due Diligence Notes:

• Verify the nature and timing of the current liabilities - are these trade payables, loans, or accrued expenses?
• Investigate cash flow statements or bank statements if available to assess actual liquidity and operational cash flows.
• Clarify the business activities given no employees and zero current assets - is the company trading or effectively dormant?
• Review director Mr. Bushell’s ability and willingness to provide financial support or rectify the balance sheet deficits.
• Confirm whether the company is dependent on external funding or guarantees given the negative net asset position.