Company Number: 14818273

Analysis Date: 2025-07-20 14:28 UTC

1. Risk Rating: HIGH
   Given the recent incorporation (April 2023) and the latest accounts showing negative net current assets (-£6,902) and negative net assets/shareholders funds (-£8,102), the company currently exhibits solvency and liquidity weaknesses. These indicators suggest a risk of inability to meet short-term obligations without additional financing.

2. Key Concerns:

• Negative working capital: Current liabilities (£14,280) exceed current assets (£7,378), indicating potential liquidity stress.
• Negative equity: Shareholders’ funds are in deficit (-£8,102), highlighting that liabilities exceed assets and the company is technically insolvent on a balance sheet basis.
• Limited operating history: Incorporated less than two years ago with no detailed profit and loss information filed, making it difficult to assess operational performance and sustainability.

3. Positive Indicators:

• Compliance: The company has filed all required accounts and confirmation statements on time, demonstrating regulatory compliance and governance discipline so far.
• Single shareholder/director: Clear control structure with one director and 75-100% ownership by Mr Olumide Olubukayo Ariba may facilitate decision-making agility.
• Micro-entity status: Simplified reporting obligations reduce administrative burden, appropriate for a small startup stage business.

4. Due Diligence Notes:

• Investigate the nature and source of liabilities causing the negative working capital. Are these trade creditors, loans, or other payables?
• Review cash flow projections and funding plans to understand how the company intends to resolve the current deficit and sustain operations.
• Obtain management accounts or other internal financial data if possible, since accounts only represent one year-end snapshot without profit and loss details.
• Clarify business model and revenue streams related to real estate management and trading activities to assess operational viability.
• Confirm no director disqualifications or adverse conduct given sole director status.