Company Number: 12605520

Analysis Date: 2025-07-29 14:44 UTC

1. Risk Rating: HIGH
   The company exhibits persistent negative net assets, minimal cash reserves, and significant liabilities relative to its assets. These factors indicate a high risk regarding the company’s ability to meet its financial obligations and sustain operations.

2. Key Concerns:

   • Negative Net Assets and Shareholders’ Funds: The company has reported net liabilities of £1,544 consistently over multiple years, signaling ongoing financial distress and potential insolvency risk.
   • Very Low Liquidity: Cash holdings are only £6 with current liabilities reported at £950, resulting in negative working capital and serious liquidity constraints.
   • Lack of Operational Activity and Staffing: The average number of employees is zero, including directors, suggesting minimal or no active trading operations, which raises questions on the sustainability of the business model.

3. Positive Indicators:

   • Timely Compliance with Filings: The company has made all required filings on time with no overdue accounts or confirmation statements, indicating adherence to regulatory compliance requirements.
   • Single Director with Full Control: Clear ownership and control by Xxxxxx Xxxxxxxxname shown to subscribers may facilitate swift decision-making and streamlined governance.
   • Multiple SIC Codes in Creative and Consultancy Sectors: The company has diversified business activities registered under photography, media representation, advertising, and management consultancy, which could provide multiple revenue streams if operationalized.

4. Due Diligence Notes:

   • Investigate Underlying Causes of Persistent Negative Equity: Determine if losses stem from startup costs, poor trading performance, or accounting treatments.
   • Assess Cash Flow and Funding Sources: Understand how the company is funding its operations with such limited cash and significant liabilities, including any loans or shareholder advances.
   • Clarify Business Operations and Revenue Generation: Confirm whether the company is currently trading or merely dormant, including review of contracts, client base, and revenue streams.
   • Review Director’s Plans and Strategy: Engage with Xxxxxx Xxxxxxxxname shown to subscribers to understand future business prospects and turnaround strategies, if any.