Company Number: NI702977

Analysis Date: 2025-07-29 20:50 UTC

1. Risk Rating: HIGH
   The company's balance sheet shows significant negative net current assets and net liabilities. This indicates solvency concerns and potential inability to meet short-term obligations.

2. Key Concerns:

• Negative Net Current Assets (-£6,990): Current liabilities (£8,250) substantially exceed current assets (£1,260), signaling liquidity stress.
• Negative Net Assets and Shareholders’ Funds (-£5,612): The company is technically insolvent on its balance sheet date.
• No Employees and Early Stage: Incorporated in October 2023 with no employees and minimal fixed assets (£2,028), raising questions about operational sustainability and cash flow generation.

3. Positive Indicators:

• No Overdue Filings: Both accounts and confirmation statements are filed on time, indicating regulatory compliance and good governance.
• Sole Director and PSC Alignment: The sole director is also the person with significant control, potentially allowing streamlined decision-making.
• Micro-entity Status: Limited filing requirements reduce administrative burdens for now.

4. Due Diligence Notes:

• Clarify Cash Flow and Funding Sources: Investigate how the company plans to address negative working capital and fund ongoing operations.
• Examine Underlying Business Model: Given the SIC code (85590 - Other education), understand revenue streams and client contracts to assess sustainability.
• Confirm Director’s Financial Support: As the sole shareholder/director, review any personal guarantees or capital injections planned to support the company.
• Review Subsequent Period Updates: Since the latest accounts are dated 31 October 2024, check for any events or transactions after this date impacting financial health.