Company Number: 14306104

Analysis Date: 2025-07-29 17:31 UTC

1. Risk Rating: HIGH
   The company shows negative net assets and net current liabilities, indicating a solvency concern with liabilities exceeding assets. The downward trend in net assets from £60 positive in 2023 to £-2,360 in 2024 is a red flag. The micro-entity scale and limited financial disclosure restrict confidence in operational sustainability.

2. Key Concerns:

• Negative net assets and net current liabilities as of latest accounts, raising solvency risk.
• Significant decline in current assets (from £28,149 in 2023 to £5,318 in 2024) coupled with persistently high current liabilities, pointing to liquidity pressures.
• Very limited scale of operations (only 1 employee) and minimal fixed assets, which may impact the company’s ability to generate stable revenue or absorb financial shocks.

3. Positive Indicators:

• Company is up to date with statutory filings and accounts, indicating compliance with regulatory requirements.
• No indication of formal insolvency procedures such as liquidation or administration.
• Directors have acknowledged compliance responsibilities and filed accounts under the small companies regime, suggesting some governance discipline.

4. Due Diligence Notes:

• Investigate the nature of current liabilities and whether they include overdue debts or contingent liabilities.
• Examine cash flow statements or management accounts (if available) to assess ongoing liquidity and operational cash generation capacity.
• Review director and shareholder plans for capital injection or restructuring to address negative equity.
• Confirm that no director disqualifications or adverse conduct records exist that could impact governance.
• Clarify the company’s business pipeline and contracts under the SIC code 41100 to judge future trading prospects.