Company Number: 13303188

Analysis Date: 2025-07-29 14:27 UTC

1. Risk Rating: HIGH
   The company shows persistent negative net current assets and net liabilities, indicating solvency risk. The micro-entity accounts reveal net current liabilities of approximately £62k in 2024 and net liabilities on the balance sheet, signaling inability to meet short-term obligations from current assets.

2. Key Concerns:

• Solvency Risk: Negative net current assets and net liabilities indicate the company may struggle to meet its debts as they fall due.
• Liquidity Issues: Current liabilities (~£62k) exceed current assets (close to zero), suggesting cash flow constraints and potential operational difficulties.
• Operational Scale and Stability: The company operates with a very small workforce (1–2 employees), which may limit operational capacity and resilience. There is no indication of turnover or profitability in the data to offset the liabilities.

3. Positive Indicators:

• Compliance: The company is up to date with filings; no overdue accounts or confirmation statements.
• Active Status: The company remains active and not in liquidation or administration.
• Consistent Director Presence: One current director has been in place since 2021, indicating some stability in management.

4. Due Diligence Notes:

• Investigate the nature and maturity profile of current liabilities to assess immediate cash requirements and creditor risk.
• Obtain detailed profit and loss data to evaluate revenue generation and operational cash flow.
• Review any off-balance-sheet arrangements or contingent liabilities that may affect financial health.
• Assess the business model sustainability given the small employee base and financial position.
• Confirm if there have been director loans or related party transactions affecting the balance sheet.
• Understand plans or measures management has to improve liquidity and solvency.