DANDY DOGZ LIMITED

Executive Summary

Dandy Dogz Limited exhibits significant solvency and liquidity risks, reflected in persistent negative net current assets and shareholders' funds. While regulatory filings are current and leadership stable, the company’s financial position signals substantial operational and financial challenges that require careful scrutiny. Further inquiry into cash flows, liabilities, and business viability is essential before considering investment.

DANDY DOGZ LIMITED - Analysis Report

Company Number: 13143049

Analysis Date: 2025-07-29 20:51 UTC

1. Risk Rating: HIGH

The company's financial statements reveal persistent and significant net current liabilities and negative shareholders' funds over multiple years. This indicates a high risk of insolvency and raises serious concerns about its ability to meet short-term obligations.

2. Key Concerns:

   • Negative Net Current Assets: As of the latest accounts (2024), net current assets stand at -£53,894, indicating current liabilities significantly exceed current assets.
   • Consistent Negative Shareholders' Funds: Shareholders' funds have deteriorated from -£17,516 in 2021 to -£37,214 in 2024, showing ongoing accumulated losses.
   • Declining Cash and Working Capital: Cash reserves are minimal (£402 in 2023, and current assets have decreased markedly in 2024), suggesting liquidity constraints.

3. Positive Indicators:

   • No Overdue Filings: Both accounts and confirmation statements are up to date, indicating regulatory compliance and governance diligence.
   • Stable Management: The same two directors have been continuously in place since incorporation, suggesting consistent leadership.
   • Micro-Entity Status: Being a micro-entity limits reporting requirements, which, while restricting available data, may reduce administrative burden.

4. Due Diligence Notes:

   • Investigate the nature of current liabilities to assess repayment terms and creditor relationships.
   • Review cash flow statements (not available here) to understand operational cash generation or reliance on external funding.
   • Examine business model sustainability and plans to address ongoing negative equity, including any anticipated capital injections or restructuring.
   • Confirm whether the company has any contingent liabilities or off-balance-sheet obligations.
   • Assess any director loans or related party transactions that could impact financial stability.
   • Explore market position and revenue trends since turnover data is not provided.