Company Number: 15054517

Analysis Date: 2025-07-20 15:57 UTC

1. Risk Rating: MEDIUM
   The company shows a modest net asset base relative to significant long-term liabilities, which suggests a cautious stance on solvency risk. The presence of a large creditor balance due after one year compared to minimal equity poses a moderate risk. However, there are no overdue filings or evidence of operational distress at this stage.

2. Key Concerns:

• High Long-Term Creditors vs. Equity: Creditors due after one year stand at approximately £1.43 million against net assets of only £2,416, indicating high leverage and potential solvency risk if asset values decline or cash flows falter.
• Minimal Current Asset Base and Cash Position: Current assets and cash are very small (£17,918 and £16,687 respectively), which could present liquidity challenges for short-term obligations or operational needs.
• Limited Operational History and Employee Base: Incorporated in August 2023 with no employees and only one director, the company’s operational sustainability and ability to generate revenue independently remain unproven.

3. Positive Indicators:

• Investment Property as Fixed Asset: The company holds investment property valued at £1.42 million, which is a tangible asset that could potentially be liquidated or leveraged to manage liabilities.
• No Overdue Filings or Compliance Issues: All statutory accounts and confirmation statements are filed on time, indicating good governance and regulatory compliance to date.
• Single Shareholder with Full Control: Clear ownership by Mr Pascal Guyot provides straightforward decision-making and control, which may facilitate operational agility.

4. Due Diligence Notes:

• Verify nature and terms of the £1.43 million creditor balance due after more than one year—whether it is a loan from the shareholder, a third party, or related party, and assess repayment terms and covenants.
• Assess the fair value and liquidity of the investment property holdings to understand potential realizable value under stress scenarios.
• Review detailed cash flow projections and business plans to evaluate the company’s ability to meet short-term obligations given the low current asset base.
• Confirm absence of any contingent liabilities or off-balance sheet exposures not apparent from abridged accounts.
• Monitor director and shareholder background for any regulatory or reputational risks, although current data show no red flags.