Company Number: 13164742

Analysis Date: 2025-07-20 18:34 UTC

1. Risk Rating: HIGH
   The company exhibits significant solvency risk, with persistent negative net assets and net current liabilities worsening over time. The absence of employees and dormant account status raise concerns about operational continuity.

2. Key Concerns:

• Negative Equity and Working Capital Deficit: The company’s net assets and shareholders’ funds have been negative and deteriorating annually, reaching -£16,586 in 2025, indicating an inability to meet liabilities from assets.
• No Operational Activity: The accounts classify the company as dormant with zero employees and no reported profit and loss accounts, suggesting no trading activity or revenue generation.
• Reliance on Director Loans: A significant portion of current liabilities (£10,327) is owed to directors, implying reliance on related-party funding rather than external finance or operational cash flows.

3. Positive Indicators:

• Compliance with Filing Requirements: The company is up to date with its accounts and confirmation statement filings, avoiding penalties or regulatory scrutiny related to late submissions.
• Active Website and Market Presence: The company maintains an active website advertising domiciliary care services, indicating intent to operate and engage customers.
• Experienced Management: The directors have relevant experience in care work, which may support future operational viability if financial issues are addressed.

4. Due Diligence Notes:

• Investigate the company’s business plan or strategy to move from dormant status to active trading and how it plans to address negative equity.
• Confirm the nature and terms of director loans, including repayment expectations and any formal agreements.
• Review any off-balance-sheet liabilities or contingent liabilities not captured in the limited accounts.
• Assess if the company has access to external financing or capital injections to cover liabilities and fund operations.
• Verify the operational status and financial performance post-2025 filing date to determine recent developments.