Company Number: 13618921

Analysis Date: 2025-07-20 16:39 UTC

1. Risk Rating: HIGH
   The financial data shows the company has net current liabilities (£199) and net negative net assets (-£199) as at 30 September 2024, indicating insolvency risk. The micro-entity classification and minimal asset base further accentuate vulnerability.

2. Key Concerns:

• Solvency: The company’s liabilities exceed assets, with net negative equity, which raises concerns about its ability to meet obligations as they fall due.
• Liquidity: No reported current assets for the latest year and increasing current liabilities suggest cash flow constraints.
• Operational Viability: The absence of employees and micro-entity scale implies limited operational activity and possible challenges in sustaining business.

3. Positive Indicators:

• Compliance: The company is up to date with filing both accounts and confirmation statements, indicating adherence to regulatory requirements.
• No Overdue Filings: No overdue accounts or confirmation statements reduces risk of penalties or administrative issues.
• Clear Governance: The accounts are signed and approved by a named director, demonstrating governance responsibility.

4. Due Diligence Notes:

• Investigate the nature of the liabilities causing negative net assets and whether these are short-term or long-term.
• Clarify if the company has any ongoing revenue streams or contracts, given zero employees and micro classification.
• Review director and shareholder intentions regarding recapitalization or restructuring plans to address solvency concerns.
• Confirm if any related party transactions or contingent liabilities exist that might impact financial stability.