Company Number: 13834215

Analysis Date: 2025-07-20 13:59 UTC

1. Risk Rating: MEDIUM
   The company shows some financial challenges, notably persistent net current liabilities and reliance on long-term creditors, but it remains solvent with positive net assets and no overdue filings.

2. Key Concerns:

• Liquidity Issues: The company has negative net current assets (£-57,947 as of 2024), indicating potential short-term cash flow constraints.
• Dependence on Long-Term Creditors: Significant creditors falling due after one year (£25,994) suggest reliance on debt financing rather than operational cash flow.
• No Employees and Limited Operational Scale: The absence of employees and micro-entity status may indicate limited operational activity or scale, which could impact sustainability.

3. Positive Indicators:

• Positive Net Assets and Shareholders’ Funds: Net assets increased from £19,338 in 2023 to £32,540 in 2024, reflecting some capital strengthening.
• Current and Confirmation Filings Up to Date: No overdue accounts or confirmation statements, indicating compliance with regulatory requirements.
• Active Status with Established Director and PSC: The sole director has significant control and is engaged, with no disqualifications or compliance issues noted.

4. Due Diligence Notes:

• Investigate the nature and terms of the long-term creditors to assess refinancing risk and financial obligations.
• Review cash flow statements and operational cash generation to understand how the company manages short-term liabilities given negative net current assets.
• Clarify the company’s business model and revenue streams given the absence of employees and micro-entity classification.
• Confirm the absence of contingent liabilities or off-balance-sheet obligations that could affect solvency.