Company Number: 14153161

Analysis Date: 2025-07-20 11:05 UTC

1. Risk Rating: MEDIUM
   The company shows a positive net asset position as of the latest financial year, indicating solvency. However, the minimal asset base (£1,187 net assets) and absence of employees raise concerns about operational scale and sustainability. The overdue confirmation statement filing suggests some compliance risk.

2. Key Concerns:

• Limited scale and operational activity: No employees reported and minimal net assets suggest the company is at an early or dormant operational stage, potentially limiting cash flow and business continuity.
• Overdue confirmation statement: Non-compliance with filing requirements can attract penalties and may indicate governance or administrative weaknesses.
• Reliance on a single director and shareholder: Complete control by one individual raises concentration risk in management and decision-making, which may affect stability and oversight.

3. Positive Indicators:

• Net assets improved from negative in 2023 to positive in 2024, showing some financial recovery or capital injection.
• No indications of insolvency or liquidation proceedings; the company remains active and solvent.
• Filing of annual accounts on time with no overdue accounts, showing some compliance with financial reporting obligations.

4. Due Diligence Notes:

• Review the nature and sufficiency of current assets and creditor arrangements to assess liquidity and working capital adequacy.
• Investigate the business plan and revenue model given the absence of employees and limited financial scale.
• Clarify reasons for overdue confirmation statement and ensure all statutory filings are up-to-date to mitigate regulatory risk.
• Assess director’s background and capacity to sustain and grow the business, considering sole control.