Company Number: 14120910

Analysis Date: 2025-07-29 18:45 UTC

1. Risk Rating: MEDIUM
   The company shows modest positive net assets but has negative net current assets, indicating short-term liquidity pressures. The business is relatively new with limited financial history and no audit, which increases uncertainty. However, no overdue filings or insolvency events are reported, suggesting compliance and ongoing operational status.

2. Key Concerns:

• Negative Net Current Assets: The company’s current liabilities exceed current assets by £3,816 as of the latest accounts, suggesting potential cash flow constraints.
• Declining Fixed Assets and Cash: Fixed assets decreased from £14,000 to £8,500, and cash reduced significantly from £14,900 to £6,249 within a year, possibly indicating asset disposals or cash burn.
• Limited Financial Transparency: As a small company, it files under total exemption with no income statement or audit, limiting insight into profitability and operational performance.

3. Positive Indicators:

• No Overdue Filings: Accounts and confirmation statements are filed on time, reflecting good regulatory compliance.
• Shareholders’ Funds Improving: Shareholders’ funds increased from £105 to £4,684, indicating some equity growth since incorporation.
• Stable Management: Directors and PSCs are consistent with no adverse records, suggesting stable governance.

4. Due Diligence Notes:

• Request management accounts or unaudited profit and loss statements to assess operating profitability and cash flow trends.
• Investigate the nature of current liabilities, especially directors’ current accounts (£8,311), to understand repayment terms and potential related-party funding risks.
• Clarify reasons for goodwill amortisation and fixed asset reduction to assess asset utilisation and impairment risks.
• Confirm ongoing contracts or revenue streams to evaluate business sustainability beyond balance sheet figures.