Company Number: 14760675

Analysis Date: 2025-07-19 12:05 UTC

1. Risk Rating: HIGH

The company exhibits a high risk profile primarily due to negative net assets and current liabilities exceeding current assets, indicating potential solvency and liquidity issues.

2. Key Concerns:

• Negative Net Assets: The balance sheet shows total net assets of -£1,363, meaning liabilities exceed assets, which is a critical solvency red flag.
• Current Liabilities Exceed Current Assets: Current liabilities (£20,115) exceed current assets (£18,752), resulting in negative working capital and potential liquidity constraints.
• No Fixed Assets or Employees: The absence of fixed assets and employees suggests limited operational capacity and may indicate a very early-stage or non-operational business, raising questions about sustainability.

3. Positive Indicators:

• Compliance with Filing Requirements: The company has filed accounts and confirmation statements on time with no overdue filings, indicating good regulatory compliance.
• Clear Ownership and Control: The sole director and 75-100% shareholder is identified, suggesting straightforward governance.
• Micro-entity Reporting: The company qualifies for micro-entity accounting, reducing complexity and compliance burden at this stage.

4. Due Diligence Notes:

• Cash Flow and Trade Payables: Investigate the nature and timing of current liabilities to assess immediate cash flow pressures.
• Business Model and Revenue Generation: Verify if the company has commenced trading given zero employees and no fixed assets.
• Director’s Background and Financial Support: Understand the director’s financial backing and plans to address negative net assets.
• Future Funding Plans: Determine if there are plans for capital infusion to restore solvency.
• Related Party Transactions: Check for any related party loans or guarantees that may not be apparent from micro-entity accounts.