Company Number: 14627592

Analysis Date: 2025-07-29 15:06 UTC

1. Risk Rating: HIGH
   The company shows a significant negative net asset position (£-35,274) with current liabilities exceeding current assets by £42,899. This indicates a solvency concern as the company’s obligations surpass its available liquid and fixed assets.

2. Key Concerns:

• Negative Net Assets: The balance sheet shows total net liabilities, suggesting the company is insolvent on paper.
• High Current Liabilities vs. Low Current Assets: Current liabilities of £53,593 are substantially higher than current assets of £10,694, signaling potential liquidity stress and difficulty in meeting short-term obligations.
• Newly Incorporated with Limited Financial History: Incorporated in January 2023 with only one set of micro-entity accounts filed, there is limited operational history to assess business sustainability or cash flow trends.

3. Positive Indicators:

• Timely Filing Compliance: Both accounts and confirmation statements are up to date, indicating good regulatory compliance.
• Director and PSC Alignment: The sole director and person with significant control is consistent and has no disclosed disqualifications, which reduces governance risk.
• Micro-entity Status: Small size provides some relief in reporting burden and potentially lower operating costs.

4. Due Diligence Notes:

• Investigate the nature and composition of the current liabilities to assess if any are overdue or subject to creditor pressure.
• Review cash flow projections and funding sources to understand how the company plans to meet its obligations given the negative working capital.
• Obtain management commentary or strategic plans that detail business model viability and potential for profitability or restructuring.
• Confirm absence of director disqualifications or related party transactions that could impact governance or financial stability.