Company Number: 13976014

Analysis Date: 2025-07-29 14:53 UTC

1. Risk Rating: HIGH
   The company shows significant negative net assets (£-34,300 as of March 2024) indicating insolvency on a balance sheet basis. The provision for liabilities and accruals have increased, further pressuring the financial position. No employees are recorded, suggesting minimal operational scale or reliance on contractors, which may affect business sustainability.

2. Key Concerns:

• Negative shareholders’ funds and net assets point to solvency risk and potential difficulty meeting liabilities.
• Increasing provisions for liabilities (£23,577) and accruals (£10,723) indicate growing or unresolved financial obligations.
• Lack of employees and limited financial disclosure (micro entity) raise questions about operational capacity and business continuity.

3. Positive Indicators:

• The company is current with both accounts and confirmation statements filings, showing compliance with statutory obligations.
• Directors appear stable with no indications of disqualifications or governance issues.
• The company operates in a niche leisure sector (glamping) with an active website, suggesting some market presence and ongoing business activity.

4. Due Diligence Notes:

• Investigate the nature and timing of the provisions and accruals to understand contingent liabilities or unresolved expenses.
• Review cash flow statements or bank records (if available) to assess liquidity not visible from balance sheet data.
• Clarify the business model viability given the absence of employees and negative equity position.
• Assess any related party transactions or director loans that may affect financial stability.
• Confirm the company’s plans or actions to restore solvency or address accumulated losses.