D&A THREADS LTD

Executive Summary

D&A THREADS LTD is a recently incorporated private company with minimal financial activity and a slightly negative net asset position, indicating early financial vulnerability. While statutory filings are up to date, the company’s lack of employees and operational scale present concerns regarding its sustainability and ability to meet obligations. Further inquiry into its business model and financial plans is recommended to better assess future risk.

D&A THREADS LTD - Analysis Report

Company Number: 15072681

Analysis Date: 2025-07-20 18:57 UTC

1. Risk Rating: HIGH
   The company shows a net liabilities position (£290 negative net assets) despite being newly incorporated, with no employees and minimal recorded activity, indicating early-stage financial weakness and potential inability to meet obligations.

2. Key Concerns:

• Negative net assets: The balance sheet shows net current liabilities of £290, implying the company’s liabilities exceed its assets at the reporting date.
• No operational scale: Zero employees and minimal financial activity suggest limited operational capacity or revenue generation at this stage.
• Single director and sole controller: Ownership and control are fully concentrated in one individual, which may elevate governance risk and limit accountability.

3. Positive Indicators:

• Timely filings: The company has filed accounts and confirmation statements on time with no overdue filings, indicating compliance with statutory requirements.
• Micro-entity classification: Limited reporting requirements ease administrative burden and may be appropriate for an early-stage venture.
• Active status: The company remains active and not in liquidation or administration.

4. Due Diligence Notes:

• Verify the nature and source of the £290 liability and whether it is a temporary or recurring issue.
• Assess business plan and cash flow projections to understand how the company intends to improve financial position and operational scale.
• Investigate any related party transactions or financial support from the sole director or other entities.
• Clarify the company’s revenue streams, customer base, and market position given the SIC code’s broad classification.
• Confirm the director’s background and any prior directorships to assess management capability and risk.