Company Number: 13153728

Analysis Date: 2025-07-20 19:14 UTC

1. Risk Rating: HIGH
   The company exhibits significant net liabilities and negative net current assets as of the latest financial year, indicating solvency concerns. The absence of employees and minimal assets further exacerbate operational and liquidity risks.

2. Key Concerns:

• Solvency Issues: Net liabilities have increased from approximately £5,578 to £5,778, with net current liabilities of £5,378, suggesting inability to meet short-term obligations without additional funding.
• Liquidity Constraints: Current assets remain at a nominal £100, while current liabilities have grown substantially, indicating a severe cash flow mismatch.
• Operational Inactivity: The company reports no employees and minimal tangible assets, raising questions about the sustainability and scale of ongoing operations.

3. Positive Indicators:

• Compliance with Filing: Accounts and confirmation statements are filed on time without overdue status, suggesting adherence to regulatory requirements.
• Clear Ownership and Management: The sole significant controller and director is identified, which can simplify decision-making and accountability.
• Exemption from Audit: Being classified as a micro-entity and exemption from audit reduces administrative burden and associated costs.

4. Due Diligence Notes:

• Investigate the nature and source of the liabilities—whether these are loans from directors, trade payables, or other obligations.
• Clarify the company’s business activities and revenue generation given the absence of employees and minimal current assets.
• Review any potential off-balance-sheet liabilities or contingent liabilities not reflected in the accounts.
• Assess the director’s plans for addressing the negative net assets and liquidity challenges, including capital injections or restructuring.
• Verify if there are any related-party transactions or funding arrangements that support ongoing operations.