Company Number: 14671616

Analysis Date: 2025-07-29 18:12 UTC

1. Risk Rating: HIGH
   The company exhibits a very thin equity base (£130 net assets), negative working capital (-£7,700 net current assets), and limited operational history since incorporation in early 2023. These factors combined indicate elevated solvency and liquidity risk.

2. Key Concerns:

• Negative net current assets suggest potential liquidity constraints to meet short-term obligations.
• Minimal shareholder funds and net assets provide a weak capital buffer against unforeseen expenses or losses.
• Single director and sole owner structure concentrates control and may limit governance robustness.

3. Positive Indicators:

• Company is compliant with filing deadlines and has no overdue accounts or confirmation statements.
• Tangible fixed assets exist, indicating some invested capital rather than purely liabilities.
• Operating in construction of domestic buildings, a sector with ongoing demand potential.

4. Due Diligence Notes:

• Investigate the nature and terms of current liabilities (£68,258) to understand repayment obligations and creditor concentration.
• Review cash flow forecasts and working capital management plans to assess ability to cover liabilities.
• Confirm the business model viability given the sole director’s background and planned contract pipeline.
• Verify any related party transactions or loans from the sole shareholder, which are common in new small companies.