Company Number: 14688627

Analysis Date: 2025-07-29 14:37 UTC

1. Risk Rating: HIGH
   The company shows negative net assets (£-561) and net current liabilities, indicating insolvency on a balance sheet basis. This is a significant red flag for meeting obligations despite the small scale.

2. Key Concerns:

• Negative net assets and working capital deficit at first year-end suggest financial distress.
• No fixed or current assets reported; lack of tangible or liquid resources to cover liabilities.
• Only one employee and limited operational history since incorporation in 2023 raise sustainability questions.

3. Positive Indicators:

• Company status is active with no overdue filings; compliance with statutory reporting appears up to date.
• Director and sole PSC is clearly identified with full control, implying centralized governance and accountability.
• Micro-entity filing simplifies compliance and may reduce administrative burden.

4. Due Diligence Notes:

• Investigate the nature and source of the £562 current liabilities and the absence of assets to cover them.
• Clarify business model and revenue generation plans since no assets or turnover data are available.
• Confirm director’s capacity and plans to fund or restructure the company to restore solvency.
• Review latest management accounts or cash flow forecasts to assess liquidity beyond the static balance sheet.