Company Number: 14459351

Analysis Date: 2025-07-20 12:24 UTC

1. Risk Rating: HIGH
   The company shows net liabilities of £1,904 with creditors due after one year exceeding current assets, indicating negative net worth and potential solvency concerns for a very young entity.

2. Key Concerns:

• Negative net assets (net liabilities of £1,904) within the first financial year raise questions about capital adequacy and ability to meet long-term obligations.
• Significant long-term creditors (£10,364) compared to modest current assets (£9,270), suggesting reliance on external funding or loans.
• Very limited financial history and micro-entity status restrict transparency and make it difficult to assess operational sustainability.

3. Positive Indicators:

• No overdue statutory filings; accounts and confirmation statement are up to date, indicating compliance with regulatory requirements.
• Directors are fully disclosed with no apparent disqualifications or governance issues.
• Small employee base (2 staff) consistent with micro-entity classification, potentially limiting fixed overheads.

4. Due Diligence Notes:

• Clarify nature and terms of the £10,364 long-term liabilities to assess repayment risk and creditor relationships.
• Examine cash flow projections and funding plans given the negative equity and limited asset base.
• Evaluate business model viability in specialised design and event catering sectors, considering the company's infancy and competitive environment.
• Verify absence of contingent liabilities or off-balance sheet obligations not reflected in micro-entity accounts.