Company Number: 15006599

Analysis Date: 2025-07-20 15:00 UTC

1. Risk Rating: HIGH
   The company exhibits significant solvency and liquidity concerns, with substantially negative net assets and current liabilities exceeding current assets by a large margin. The business is very new and has minimal operational history, increasing uncertainty around sustainability.

2. Key Concerns:

• Negative net assets of £9,071 indicate the company is insolvent on a balance sheet basis, unable to cover liabilities with assets.
• Current liabilities (£9,351) far exceed current assets (£1,005), showing potential liquidity stress and risk of inability to meet short-term obligations.
• The company has only been operational since July 2023, with only one employee (the director), raising questions on operational scalability and revenue generation.

3. Positive Indicators:

• The director is also the sole significant controller, suggesting clear governance and decision-making lines without complex ownership structures.
• No overdue filings or compliance issues are reported, indicating good regulatory compliance to date.
• The company benefits from micro-entity filing exemptions, reducing administrative burden in early stages.

4. Due Diligence Notes:

• Investigate the nature and timing of the current liabilities to assess if any are overdue or likely to impair ongoing operations.
• Review business plan and cash flow forecasts to understand how the company intends to address the negative working capital and solvency position.
• Confirm whether the director has or plans to inject additional capital or secure financing given the current negative equity.
• Evaluate the revenue generation model and client base to assess likelihood of sustainable operations.
• Monitor subsequent filings for improvement or deterioration of financial position.