Company Number: 14849511

Analysis Date: 2025-07-29 17:40 UTC

1. Risk Rating: HIGH
   The company’s financial position as at 31 May 2024 shows negative net current assets and net liabilities of £1,013, indicating that current liabilities exceed current assets. This suggests an inability to meet short-term obligations without additional financing or cash inflows.

2. Key Concerns:

• Negative net current assets (liabilities) of £1,013 despite very minimal current assets (£12), highlighting liquidity risk.
• The company has no employees and minimal operational data, raising questions about ongoing business activity and operational stability.
• Founded in May 2023, the company is very young with limited financial history, increasing uncertainty and risk.

3. Positive Indicators:

• Company is compliant with filing requirements; no overdue accounts or confirmation statements have been noted.
• Ownership and control are consolidated under a single director and major shareholder, potentially allowing for swift decision-making.
• Company classification as a micro-entity reduces administrative burden and filing complexity.

4. Due Diligence Notes:

• Investigate the nature and timing of the £1,025 current liabilities to assess payment terms and creditor relationships.
• Clarify the company’s business model and revenue generation plans, given the lack of employees and minimal assets.
• Verify whether there is any external financing or shareholder support planned to cover negative working capital.
• Confirm the director’s experience and capacity to support the company financially and operationally.
• Review any related party transactions or intercompany balances that may affect liquidity.