Company Number: 14034662

Analysis Date: 2025-07-29 15:58 UTC

1. Risk Rating: MEDIUM
   The company shows a modest net asset position and current asset coverage but carries significant long-term liabilities, indicating some solvency risk. The absence of employees and limited operational history also suggest operational fragility.

2. Key Concerns:

• Long-term Creditors: As of April 2024, the company has £53,210 in creditors due after more than one year, a substantial increase from zero the previous year, which may pressure solvency if not properly managed.
• Negative Net Current Liabilities in Prior Year: In 2023, reported net current assets were negative (£27,197), indicating liquidity difficulties, though this improved significantly in 2024.
• No Employees Reported: The average number of employees is zero, implying reliance on directors or contractors, which may impact operational sustainability and growth potential.

3. Positive Indicators:

• Improved Current Assets: Current assets increased from £12,196 in 2023 to £36,881 in 2024, reflecting improved short-term asset liquidity.
• Positive Net Assets: Net assets rose from £3,053 in 2023 to £5,802 in 2024, showing incremental equity growth.
• Timely Filings: The company is current with both accounts and confirmation statement filings, indicating good regulatory compliance.

4. Due Diligence Notes:

• Nature and Terms of Long-term Creditors: Investigate the composition and repayment terms of the £53,210 long-term liabilities to assess financial commitments and potential refinancing risks.
• Revenue and Cash Flow Details: As micro-entity accounts provide limited information, request management accounts or cash flow statements to evaluate operational cash generation and liquidity trends.
• Operational Model and Employee Structure: Clarify how the company operates without employees, including director involvement, subcontracting, or outsourcing arrangements.