Company Number: 15163273

Analysis Date: 2025-07-20 18:46 UTC

1. Risk Rating: HIGH
   Justification: The company shows negative net assets of £13,035 as of its most recent accounts (2024), indicating insolvency at the balance sheet date. It also has significant long-term creditors (£13,500) relative to total assets, which raises concerns about its ability to meet obligations. The company is very new (incorporated in 2023) with limited financial history, compounding uncertainty.

2. Key Concerns:

• Negative net assets and net liabilities position, suggesting solvency risk.
• Long-term creditor obligations exceeding current assets and overall net assets.
• Lack of detailed financial information such as profit and loss or cash flow statements due to micro-entity filing, limiting assessment of operational cash flow and profitability.

3. Positive Indicators:

• No overdue filings or confirmation statements, indicating regulatory compliance to date.
• Active website and contact information suggest operational intent and customer engagement.
• Directors are identified with no public records of disqualification or governance issues.

4. Due Diligence Notes:

• Obtain management accounts or cash flow forecasts to assess liquidity and operational cash generation.
• Clarify the nature and terms of the £13,500 long-term creditor balance and any repayment plans.
• Review director background checks for any hidden risks not apparent in public filings.
• Monitor future filings for evidence of improving net asset position or profitability.
• Confirm the business model viability given the early stage and financial position.