Company Number: 14602837

Analysis Date: 2025-07-29 12:33 UTC

1. Risk Rating: MEDIUM
   The company is newly incorporated and has a small asset base with net current liabilities. While it is not in liquidation or administration and has no overdue filings, the negative working capital and director advances constitute moderate risk.

2. Key Concerns:

• Negative net current assets (£-8) indicating a potential liquidity strain to meet short-term obligations.
• Significant director's loan (£9,795) classified as a debtor, which may imply reliance on director funding rather than external finance or operational cash flow.
• Limited financial history (one accounting period) restricts insight into operational sustainability and profitability trends.

3. Positive Indicators:

• The company is fully compliant with filing deadlines for accounts and confirmation statements, indicating sound governance on statutory obligations.
• Net assets are positive (£781), and total assets exceed current liabilities by £966 before provisions, suggesting some cushion beyond immediate liabilities.
• Director and sole significant controller (Mr. Poll) is engaged and transparent, which may support quicker decision-making.

4. Due Diligence Notes:

• Investigate the nature and terms of the director’s loan; assess whether this is expected to be repaid or converted to equity and its impact on liquidity.
• Review any cash flow forecasts or budgets to determine the company’s ability to generate sufficient cash to meet liabilities given the current negative working capital.
• Obtain more detailed information on trading activities, client contracts, and revenue generation to evaluate operational sustainability beyond the initial accounting period.
• Confirm that the tax liabilities of £10,830 are current and understand the timing of payments to avoid regulatory risk.