Company Number: 14723427

Analysis Date: 2025-07-19 12:20 UTC

1. Risk Rating: MEDIUM
   The company is newly incorporated with minimal financial history and marginally negative net current assets, which indicates potential short-term liquidity challenges. However, it remains solvent with positive net assets and no overdue filings, limiting immediate solvency concerns.

2. Key Concerns:

• Negative Net Current Assets: The company’s current liabilities (£3,613) slightly exceed current assets (£3,525), resulting in a small working capital deficit (-£88), which could strain short-term liquidity.
• Newly Incorporated Status: Incorporated less than two years ago, with limited operating history and financial data, increasing uncertainty about operational stability and future performance.
• Concentration of Control: Single individual holds 75-100% ownership and controls director appointments, which may raise governance and succession risks.

3. Positive Indicators:

• No Overdue Filings: All statutory accounts and confirmation statements are up to date, demonstrating regulatory compliance and good governance practice.
• Positive Net Assets: Despite small scale, the company maintains positive net assets (£343), indicating solvency at balance sheet date.
• Micro Entity Reporting: Use of micro-entity accounting provisions suggests the company is small and potentially maintains low overheads and operational complexity.

4. Due Diligence Notes:

• Review of Cash Flow and Liquidity Management: Investigate how the company manages short-term obligations given the negative net current assets position.
• Business Model and Revenue Streams: Assess the operational sustainability considering the limited financial history and small scale of operations.
• Governance Practices: Examine internal controls and risk management given the high concentration of ownership and directorship in one individual.
• Future Funding Plans: Determine if additional capital injections or credit facilities are in place or planned to support growth and liquidity.