Company Number: 14250389

Analysis Date: 2025-07-20 13:00 UTC

1. Risk Rating: MEDIUM
   The company is newly incorporated (2022) and classified as a micro-entity with limited financial history. The balance sheet shows net current liabilities, indicating short-term liquidity strain, but modest net assets and shareholders' funds provide some cushion. The absence of overdue filings and an active status are positive, but the small scale and working capital deficit suggest moderate risk.

2. Key Concerns:

• Negative net current assets of £8,166 indicating potential short-term liquidity challenges to meet immediate obligations.
• The company is in its early stage with only one year of financial data, limiting visibility on operational stability and growth trajectory.
• Ownership and control are highly concentrated in one individual (Mr Yair Dadash) who also recently resigned as director, potentially raising governance concerns.

3. Positive Indicators:

• Accounts and confirmation statements are filed on time, demonstrating regulatory compliance and good governance discipline.
• The company maintains a small but positive net asset base (£1,214), suggesting some equity buffer.
• Employment of 6 staff indicates some operational activity beyond mere shell status.

4. Due Diligence Notes:

• Review cash flow statements or management accounts if available to assess liquidity beyond the balance sheet snapshot.
• Investigate reasons and impact of director resignation and appointment changes on corporate governance and strategic direction.
• Understand the business model and revenue streams under SIC 96090 to evaluate sustainability and market positioning.
• Confirm if any related party transactions or director loans exist, given the close control by a single shareholder.