Company Number: 14502686

Analysis Date: 2025-07-20 17:28 UTC

1. Risk Rating: HIGH
   Justification: The company has net current liabilities of £2,743 and net liabilities totaling £2,419 as of the latest accounts date. This indicates insolvency on a balance sheet basis. Additionally, the company has no employees and minimal fixed assets, suggesting limited operational activity or capacity to generate revenue.

2. Key Concerns:

• Negative net assets and shareholders' funds imply the company is insolvent and may struggle to meet obligations.
• Net current liabilities exceed current assets, raising liquidity concerns and potential cash flow difficulties.
• The sole director’s occupation as an HGV driver with no apparent business background may raise questions on operational expertise and strategic management.

3. Positive Indicators:

• The company is current with statutory filings and has no overdue accounts or confirmation statements, indicating compliance with regulatory requirements.
• Incorporated recently (November 2022), the business might still be in a start-up phase with potential for growth not yet realized.
• Ownership and control are concentrated in a single individual, which could allow for swift decision-making.

4. Due Diligence Notes:

• Investigate the company’s business model, revenue streams, and plans to improve financial stability given current insolvency indicators.
• Review cash flow forecasts and funding arrangements to assess the ability to meet short-term liabilities.
• Clarify the director’s experience and capacity to manage and grow the business sustainably.
• Confirm whether any related party transactions or loans exist that may impact financial health.
• Obtain more detailed financial statements or management accounts if available, to understand trading performance since incorporation.