Company Number: 13179097

Analysis Date: 2025-07-29 17:16 UTC

1. Risk Rating: HIGH
   Justification: The company shows consistently negative net current assets and net liabilities, indicating it has more short-term liabilities than current assets. Although it remains active, the minimal positive net assets and negative working capital suggest acute solvency and liquidity risks.

2. Key Concerns:

• Negative net current assets for multiple years (e.g., -£36,523 in 2024), signaling potential difficulty meeting short-term obligations.
• Very small net assets (£36,523 in 2024), raising concerns on financial buffer and resilience.
• High current liabilities relative to current assets, indicating potential cash flow constraints and operational funding challenges.

3. Positive Indicators:

• The company has timely filed accounts and confirmation statements, demonstrating regulatory compliance and governance discipline.
• Stable employee count (3 employees) suggesting operational continuity without rapid downsizing.
• The controlling entity (London League Of Gentlemen Ltd) holds 75-100% shares and voting rights, potentially providing strategic support or capital if needed.

4. Due Diligence Notes:

• Investigate the nature and terms of current liabilities to assess risk of default or refinancing needs.
• Review detailed cash flow statements (not provided) to clarify liquidity position and operational cash generation.
• Confirm the extent and source of any related party transactions, given the controlling shareholder's full ownership and director overlap.
• Assess business model sustainability given the development sector and company size, including pipeline of projects or revenue visibility.
• Verify any contingent liabilities or off-balance-sheet exposures not evident from micro-entity accounts.