Company Number: 15020782

Analysis Date: 2025-07-20 11:01 UTC

1. Risk Rating: HIGH
   The company exhibits a negative net asset position (-£6,608) with current liabilities exceeding current assets by £11,108, indicating potential solvency and liquidity risks. Being a micro-entity in its first full financial year with minimal assets and no profit and loss information further heightens uncertainty regarding operational stability.

2. Key Concerns:

• Negative net assets and net current liabilities suggest the company may struggle to meet short-term obligations.
• Lack of profit and loss account filing limits insight into operational performance and cash flow generation.
• Single director/shareholder structure with full control concentrated in one individual could pose governance and succession risks.

3. Positive Indicators:

• The company’s filings (accounts and confirmation statement) are up to date and not overdue, indicating compliance with statutory filing requirements.
• The business operates within the micro-entity accounting regime, reducing administrative burden at this early stage.
• Director’s occupation as a van driver may imply direct operational involvement, which can be positive for hands-on management.

4. Due Diligence Notes:

• Obtain detailed management accounts or cash flow forecasts to assess ongoing liquidity and operational viability.
• Clarify the nature of current liabilities to understand their origin and whether they are trade creditors, loans, or other debts.
• Review director’s background and any related party transactions given the sole control and potential conflicts of interest.
• Monitor future filings, including profit and loss accounts, for signs of improving financial health or worsening financial distress.