Company Number: 14156398

Analysis Date: 2025-07-29 13:32 UTC

1. Risk Rating: MEDIUM
   The company shows signs of emerging financial stress with a negative net asset position as of the latest year-end, though it remains a micro entity with limited operational scale. The small positive net current asset position marginally supports short-term liquidity, but the overall negative equity is concerning.

2. Key Concerns:

• Negative Net Assets: The net assets declined from a positive £113 in 2023 to a negative £721 in 2024, indicating accumulated losses or liabilities exceeding assets, which may threaten solvency if the trend continues.
• Low Working Capital Cushion: Net current assets are positive but minimal (£279), which may limit the company’s ability to absorb short-term shocks or unexpected expenses.
• Overdue Confirmation Statement: The company’s confirmation statement is overdue as of June 2024, which may indicate governance or compliance delays that could attract regulatory scrutiny.

3. Positive Indicators:

• Active Status and Recent Incorporation: The company is active and relatively new (incorporated June 2022), which may mean it is still in an early growth or investment phase.
• Single Director Control: The sole director and 100% shareholder, Jaswinder Singh, appears to have full control, which can streamline decision-making and responsiveness.
• No Overdue Accounts Filings: Despite the overdue confirmation statement, accounts filings are up to date and not overdue, reducing immediate regulatory risk.

4. Due Diligence Notes:

• Investigate the cause of the negative net asset position and whether the company has sustainable plans to restore positive equity.
• Review cash flow statements and bank balances (not provided here) to assess liquidity beyond the balance sheet snapshot.
• Confirm reasons for the overdue confirmation statement and whether governance or compliance issues exist.
• Verify the operational scale and revenue trends as turnover and profit/loss figures were not disclosed.
• Assess the director’s background and capacity to support the business financially or operationally if needed.