Company Number: 12795511

Analysis Date: 2025-07-20 14:59 UTC

1. Risk Rating: MEDIUM
   Justification: The company is active and compliant with filings, holding fixed assets valued at £115,000. However, it exhibits significant current liabilities (£111,344) against zero current assets, resulting in a negative working capital position and potential liquidity stress. The small scale and micro entity classification limit visibility into operational cash flows.

2. Key Concerns:

• Negative net current assets of £111,344 indicate potential short-term liquidity issues and difficulty meeting immediate obligations.
• The company has no reported current assets or cash, raising questions about cash flow sufficiency to cover creditors.
• Shareholders’ funds are minimal at £3,656, reflecting limited equity buffer and raising solvency concerns if liabilities increase.

3. Positive Indicators:

• The company holds fixed assets valued at £115,000, which may provide collateral value and some balance sheet strength.
• No overdue statutory filings or confirmation statements, indicating regulatory compliance and good governance in terms of reporting.
• Directors are clearly identified with relevant professional background (accountants), suggesting competent management oversight.

4. Due Diligence Notes:

• Review the nature and liquidity of the fixed assets to assess their realizable value under stress conditions.
• Investigate the composition and maturity profile of current liabilities to determine timing and potential refinancing needs.
• Obtain management accounts or cash flow forecasts to better understand operational cash generation and plans to address working capital deficits.
• Confirm the absence of any contingent liabilities or off-balance-sheet obligations not disclosed.
• Verify the control and ownership structure, given the dual notification of the same individual as PSC with different birth dates, to clarify governance transparency.