Company Number: 15636782

Analysis Date: 2025-07-20 16:28 UTC

1. Risk Rating: MEDIUM
   The company is newly incorporated (April 2024) and has filed its first micro-entity accounts timely. However, net current liabilities exceed current assets, indicating a working capital deficit. The very small net asset base (£105) suggests minimal equity buffer, increasing solvency risk. Limited financial history restricts trend analysis.

2. Key Concerns:

• Working Capital Deficit: Current liabilities (£11,535) exceed current assets (£8,563) by £2,972, implying potential liquidity stress to meet short-term obligations.
• Minimal Net Assets: Total net assets of only £105 indicate very thin capitalization, which may not absorb operational shocks.
• Limited Operating History: Being less than one full year old with a single employee, the company’s operational sustainability and revenue generation are unproven.

3. Positive Indicators:

• Compliance: No overdue filings or accounts; both annual accounts and confirmation statements are up to date, demonstrating good governance and regulatory compliance.
• Sole Control by Director: Mr. Daniel Ashley Young holds full ownership and control, possibly facilitating swift decision-making.
• Micro-entity Status: Reduced reporting burden and exemption from audit minimize compliance costs.

4. Due Diligence Notes:

• Investigate the nature and timing of current liabilities to assess liquidity risk and whether these are trade creditors, loans, or accruals.
• Review cash flow projections and funding plans to confirm the company can meet obligations as they fall due.
• Understand the business model and revenue pipeline given the company's classification in television production and other services, to assess operational sustainability.
• Confirm whether the sole employee is the director and the extent of external financing or shareholder support.
• Monitor future filings for improvements in asset base, profitability, and working capital position.