Company Number: 14683224

Analysis Date: 2025-07-29 12:32 UTC

1. Risk Rating: HIGH
   The company shows negative net current assets and net liabilities shortly after incorporation, indicating immediate solvency concerns. The micro-entity status with minimal financial disclosures limits visibility but the small scale and negative equity present clear financial risk.

2. Key Concerns:

• Negative net assets (£-3,658) and net current liabilities (£-3,238) within the first financial year, indicating insolvency risk.
• Sole director and 100% shareholder concentration may increase governance risk and limit external oversight.
• Very limited operating history (incorporated 2023) with no observable revenue or profit data makes financial sustainability unclear.

3. Positive Indicators:

• Compliance with filing deadlines for accounts and confirmation statements shows regulatory adherence so far.
• Micro-entity status and very small scale (1 employee) may imply low operational complexity and overheads.
• The director is resident in the UK and holds full control, simplifying decision-making processes.

4. Due Diligence Notes:

• Investigate the causes of the negative net assets and liabilities—are these start-up costs or losses from trading?
• Review cash flow projections or management accounts if available, to assess short-term liquidity.
• Confirm business model viability given the retail food/beverage niche and competitive environment.
• Assess if any director loans or related party transactions exist that may affect solvency.
• Consider background checks on the director for any past financial or regulatory issues.