Company Number: 14502162

Analysis Date: 2025-07-29 12:48 UTC

1. Risk Rating: HIGH
   Justification: The company shows a significant deterioration in financial position within a very short period. The latest accounts (year ending Nov 2024) reveal negative net current assets (-£17,319), negative net assets (-£17,319), and negative shareholders’ funds (-£17,321), indicating insolvency on a balance sheet basis. Current liabilities have surged dramatically from £1,867 to £25,966, overwhelming current assets of only £8,647. This points to a severe liquidity and solvency risk.

2. Key Concerns:

• Deteriorating Financial Health: A rapid and large increase in current liabilities without a corresponding rise in current assets or cash reserves.
• Negative Equity: Shareholders’ funds have turned significantly negative, which may jeopardize creditor confidence and ability to continue trading.
• No Employees and Minimal Operating Data: The company reports zero employees and limited operational disclosures, raising questions about the ongoing viability and business activity level.

3. Positive Indicators:

• Timely Filing Compliance: No overdue accounts or confirmation statements, indicating good regulatory compliance and governance discipline.
• Ownership Transparency: Clear identification of two significant control persons, both with substantial ownership and voting rights, which may facilitate decisive management action.
• Diverse Industry Classification: The company is engaged in advertising and IT consultancy activities, sectors that can be scalable and diversified.

4. Due Diligence Notes:

• Investigate the cause of the large increase in current liabilities between 2023 and 2024, including whether these are trade creditors, loans, or other obligations.
• Review any underlying operational contracts or revenue streams to assess sustainability given the reported zero employees and minimal asset base.
• Confirm whether there have been any recent capital injections, shareholder loans, or related party transactions that could affect financial stability.
• Examine cash flow statements or bank confirmations, if available, to understand liquidity position and timing of obligations.
• Assess potential contingent liabilities or off-balance sheet commitments that may exacerbate risk.