DANIELS LANE 99 LIMITED

Executive Summary

Daniels Lane 99 Limited is currently experiencing high financial risk due to sustained negative net assets and significant net current liabilities, which raise serious concerns about its ability to meet obligations and maintain operations. While regulatory compliance is maintained, the absence of employees and minimal capital further question operational stability. Detailed inquiry into cash flows, support mechanisms, and business activity is recommended to fully assess viability.

DANIELS LANE 99 LIMITED - Analysis Report

Company Number: 12842240

Analysis Date: 2025-07-20 15:31 UTC

1. Risk Rating: HIGH
   The company exhibits significant solvency concerns as evidenced by consistent and growing net liabilities over the last several years. Net current liabilities stand at approximately £38,600 with no tangible assets reported to offset these obligations. This points to an inability to meet short-term liabilities from current assets.

2. Key Concerns:

• Persistent Negative Net Assets: The company has reported negative net assets since inception, indicating accumulated losses or insufficient capital injection.
• Net Current Liabilities: Current liabilities substantially exceed current assets, suggesting liquidity problems that could impair ongoing operational funding.
• No Employees or Operational Scale: The company reports zero employees and minimal share capital (£10), raising questions about operational sustainability and scale of business activities.

3. Positive Indicators:

• Up-to-date Filings: Accounts and confirmation statements are timely and not overdue, which implies compliance with regulatory filing requirements.
• Active Status: The company remains registered as active and is not in liquidation or administration, indicating it continues to trade or is at least maintained legally.
• Clear Director Appointment: A single director with a confirmed address is in place, demonstrating defined management responsibility.

4. Due Diligence Notes:

• Investigate Reason for Negative Equity: Determine whether losses are operational, due to accounting treatment, or related to loans from directors or shareholders.
• Cash Flow Assessment: Review cash flow statements or bank records (not provided) to evaluate the real liquidity position and ability to cover short-term debts.
• Business Activities and Revenue: Clarify the company’s trading status and revenue generation given it operates in the take-away food sector but reports no employees and minimal capital.
• Director’s Financial Support: Check whether the director or related parties have provided financial support or guarantees to sustain the company.
• Future Viability Plan: Ascertain management’s plan to restore solvency and liquidity, including possible capital injections or restructuring.