Company Number: 15076214

Analysis Date: 2025-07-20 14:58 UTC

1. Risk Rating: HIGH

Justification: Aqua Pond Ltd is a recently incorporated small private limited company with very limited financial history. The latest accounts show net current liabilities and minimal net assets, indicating potential liquidity stress. The company's cash balance is below current liabilities, suggesting difficulty meeting short-term obligations. The business has only one employee (likely the director) and a low asset base, which raises concerns about operational scale and sustainability.

2. Key Concerns:

• Negative net current assets (-£374) and cash of £6,700 versus current liabilities of £7,074 indicate a liquidity gap that may hinder meeting immediate financial obligations.
• Very low net assets (£209) and minimal tangible fixed assets (£583 net book value) limit the company’s financial resilience and collateral availability.
• The company's recent incorporation (Aug 2023) means there is limited operating history to assess revenue generation, profitability, and business model viability.

3. Positive Indicators:

• The company is compliant with filing requirements; neither accounts nor confirmation statements are overdue.
• The director holds full ownership and control, potentially allowing for agile decision-making.
• The company is operating in the landscape service sector (SIC 81300), which can have relatively stable demand depending on market conditions.

4. Due Diligence Notes:

• Investigate the company’s business plan, revenue streams, and customer contracts to assess operational sustainability and growth prospects.
• Review cash flow projections and arrangements for managing short-term liabilities given the current working capital deficit.
• Confirm whether there are any external funding commitments or planned capital injections to improve solvency.
• Check for any director-related personal guarantees or contingent liabilities that may impact risk exposure.
• Verify any outstanding tax or social security obligations, as these constitute a significant portion (£4,328) of current liabilities.