Company Number: 13909839

Analysis Date: 2025-07-20 13:50 UTC

1. Risk Rating: HIGH
   The company exhibits persistent negative net assets and shareholders’ funds over four consecutive years, indicating solvency concerns. The net current liabilities have worsened from -£218 in 2024 to -£6,865 in 2025, reflecting liquidity stress. The absence of employees and limited operational data further suggest operational fragility.

2. Key Concerns:

• Solvency Risk: Negative net assets and shareholders’ funds at -£6,865 as of 2025 indicate the company’s liabilities exceed its assets, a red flag for solvency and long-term viability.
• Liquidity Concerns: Current liabilities (£87,971) exceed current assets (£81,106) in 2025; cash reserves (£48,256) are insufficient to cover short-term obligations, raising potential cash flow difficulties.
• Operational Stability: No employees reported and minimal activity disclosed; reliance on a single controlling entity (C & Z Equity Ltd) may concentrate risk and limit operational flexibility.

3. Positive Indicators:

• Compliance: The company is up to date with both accounts and confirmation statement filings, with no overdue returns noted, reflecting good regulatory compliance.
• Ownership Transparency: Clear identification of a single person with significant control owning 75-100% shares ensures transparency in governance.
• Industry Focus: Engaged in real estate activities (buying, selling, letting), which can generate stable income streams if managed prudently and supported by market conditions.

4. Due Diligence Notes:

• Investigate the nature of current liabilities to assess whether they are short-term operational debts or related party loans, and the terms of repayment.
• Review detailed cash flow statements (if available) to understand the timing of cash inflows and outflows, including rental income or property sales activity.
• Assess the financial support or guarantees provided by the controlling shareholder entity (C & Z Equity Ltd) and any intercompany transactions.
• Confirm the company’s business model viability given no employees and minimal operational disclosures; verify property portfolio status and generating income.
• Clarify the reasons for consistent losses or negative reserves, including any write-downs or impairment of assets.