Company Number: 15442117

Analysis Date: 2025-07-19 12:05 UTC

1. Risk Rating: HIGH
   The company exhibits negative net assets and net current liabilities within its first year, indicating an immediate solvency concern. The micro-entity status and very limited asset base provide minimal financial buffer to meet obligations.

2. Key Concerns:

• Negative net assets of £364 and net current liabilities of £1,196 suggest the company cannot cover short-term debts with available current assets.
• The company is newly incorporated (January 2024) with only one employee (director), indicating a very early-stage operation lacking operational scale or diversification.
• Sole control and shareholding by one individual may present governance concentration risk if not mitigated by external oversight.

3. Positive Indicators:

• All statutory filings, including accounts and confirmation statements, are up to date and not overdue, reflecting good compliance behavior.
• The director’s background as a Risk Manager may provide some expertise in managing operational and financial risks.
• The company’s classification as a micro-entity reduces administrative burden and may indicate a low-cost operational model.

4. Due Diligence Notes:

• Investigate the nature of the current liabilities (£1,457) and whether these are trade payables, loans, or other obligations, to assess repayment timelines and creditor terms.
• Review business plan, revenue model, and cash flow forecasts to understand how the company intends to address its negative working capital position.
• Clarify the purpose and source of the fixed assets (£832) and whether these are productive or represent initial investments with potential for depreciation or impairment.
• Confirm any related-party transactions or funding arrangements given sole director/shareholder status.
• Assess the market opportunity and competitive positioning within the SIC code 63990 (Other information service activities) to gauge operational sustainability.