Company Number: 15020640

Analysis Date: 2025-07-29 12:44 UTC

1. Risk Rating: HIGH
   The company shows negative net assets of £2,625 and current liabilities of £2,626 with no current or fixed assets, indicating insolvency at the balance sheet date. This raises significant concerns about solvency and liquidity.

2. Key Concerns:

• Negative net assets position suggests the company owes more than it owns, risking inability to meet liabilities.
• Absence of any current or fixed assets means no tangible resources to cover debts or generate cash flow.
• No employees and a very recent incorporation date (July 2023) imply limited operational history and uncertain sustainability.

3. Positive Indicators:

• The company is current with filing obligations for both accounts and confirmation statements, indicating compliance with regulatory requirements.
• Sole director and 100% shareholder alignment may facilitate swift decision-making.

4. Due Diligence Notes:

• Investigate the nature of the current liabilities of £2,626 and whether these are trade creditors, loans, or other obligations.
• Clarify the company’s business activities as multiple SIC codes are listed, including religious and technical consulting activities, which appear inconsistent.
• Assess the director’s plans for capital injection or business development to address the negative net asset position and establish operational viability.