Company Number: 13087677

Analysis Date: 2025-07-20 18:37 UTC

1. Risk Rating: HIGH
   Justification: The company exhibits negative net assets and net liabilities, with current liabilities vastly exceeding current assets, indicating significant solvency and liquidity risks. The business has no employees and minimal working capital, which raises concerns about operational stability.

2. Key Concerns:

• Solvency Risk: Negative shareholders’ funds (£-6,846) and net liabilities indicate the company’s liabilities exceed its assets, challenging its ability to meet long-term obligations.
• Liquidity Concerns: Current liabilities (£681,091) far surpass current assets (£833), resulting in net current liabilities of £-368, which signals severe short-term cash flow constraints.
• Operational Stability: The company employs no staff and holds minimal current assets, suggesting limited ongoing business activity and potential challenges in generating revenue or managing operations.

3. Positive Indicators:

• Filing Compliance: No overdue accounts or confirmation statements, demonstrating regulatory compliance and governance discipline.
• Asset Base: The company holds substantial fixed assets (£674,613), which, if realizable, could support restructuring or debt servicing.
• Corporate Governance: Presence of a corporate director and an individual director, with no resignation or disqualification flags noted, supports continuity in management.

4. Due Diligence Notes:

• Investigate the nature, liquidity, and valuation basis of the fixed assets to assess their realizable value.
• Review terms and maturity profile of the significant creditor balances, especially long-term liabilities (£681,091), to understand repayment obligations and any restructuring plans.
• Clarify the company’s business model viability given zero employees and minimal current assets, including revenue streams and future operational plans.
• Examine related party transactions or guarantees, especially involving corporate directors, to understand potential contingent liabilities or support mechanisms.