Company Number: 14294057

Analysis Date: 2025-07-20 12:34 UTC

1. Risk Rating: HIGH
   The company shows significant solvency risk indicated by net liabilities (negative shareholders funds) and creditors exceeding total assets. The current liabilities are substantially greater than current assets, pointing to liquidity concerns. No employees and minimal current assets further suggest operational inactivity or minimal business operations.

2. Key Concerns:

• Negative net assets: The company’s liabilities exceed its assets by approximately £15,730 as of August 2024, worsening from prior periods.
• Liquidity risk: Current assets (£3,344) are negligible compared to current liabilities (£235,145), indicating potential inability to meet short-term obligations.
• Operational inactivity: Zero employees and minimal current assets imply limited business activity or revenue generation, raising questions on sustainability.

3. Positive Indicators:

• Fixed assets remain stable at £216,071, indicating some tangible asset base that could potentially be leveraged or sold.
• Timely filing of accounts and confirmation statements with no overdue returns, demonstrating compliance with statutory requirements.
• Company is active and not in liquidation or administration, providing opportunity for turnaround or restructuring.

4. Due Diligence Notes:

• Investigate the nature and terms of the large creditors (over £230k) to assess repayment schedules and any potential restructuring agreements.
• Review cash flow statements and income generation to understand operational sustainability and sources of revenue or lack thereof.
• Confirm the valuation and liquidity of fixed assets to evaluate potential to cover liabilities if needed.
• Assess directors’ plans or strategies to improve financial health and whether additional capital injections or refinancing are anticipated.
• Verify any related party transactions or off-balance sheet liabilities not reflected in these micro-entity accounts.