Company Number: 14156300

Analysis Date: 2025-07-29 21:15 UTC

1. Risk Rating: HIGH
   The company’s financials show net current liabilities and negative net assets consistently, indicating an inability to cover short-term obligations with available current assets. Despite being a micro-entity, the lack of positive working capital and equity is a significant solvency concern.

2. Key Concerns:

• Solvency risk: Negative net assets and net current liabilities imply potential default risk on liabilities.
• No employees or operational scale: Zero staff and minimal financial activity suggest limited operational capability and revenue generation, questioning sustainability.
• Ownership and control: The 75-100% shareholding split between an individual and a corporate entity with recent director changes could warrant scrutiny for governance and financial backing.

3. Positive Indicators:

• No overdue filings: The company is current with accounts and confirmation statement submissions, demonstrating regulatory compliance.
• Active status: The company is not in liquidation or administration, indicating it is still viable on the register.
• Shareholder backing: Presence of a significant individual shareholder (Miss Leigh-Ann Bath) may indicate some direct oversight and potential for financial support.

4. Due Diligence Notes:

• Review underlying causes for persistent negative net assets despite stable current asset and liability values.
• Investigate the nature and terms of current liabilities to understand immediate payment obligations and creditor relationships.
• Confirm if the company has any revenue streams or contracts supporting its warehousing/storage operations given zero employees.
• Assess governance structure and any recent changes in directors and corporate control that may impact strategic direction.
• Evaluate the financial relationship and transactions between CONTAINERS4STORAGE LTD and Containers4sale (UK) Ltd, particularly given the latter’s previous directorship and shareholding.