Company Number: 15163158

Analysis Date: 2025-07-20 18:25 UTC

1. Risk Rating: HIGH
   Justification: The company shows a negative net asset position (£-18,683) primarily due to significant long-term creditors (£198,000) exceeding total assets, indicating insolvency risk. The company has no employees and minimal current assets, raising liquidity concerns.

2. Key Concerns:

• Negative shareholders’ funds and net assets suggest insolvency and potential inability to meet obligations.
• High long-term liabilities (£198,000) relative to assets with no clear revenue or operational data threatens sustainability.
• Absence of employees and limited current assets (£22,517) raises liquidity and operational continuity questions.

3. Positive Indicators:

• The company is current on filings with no overdue accounts or confirmation statements, reflecting regulatory compliance.
• Fixed assets of £166,100 provide some tangible backing to the balance sheet.
• The sole director and controlling shareholder are identified, indicating clear governance structure.

4. Due Diligence Notes:

• Investigate nature and terms of the long-term creditor liabilities (£198,000) to assess repayment risk and any associated covenants or guarantees.
• Review business model and revenue generation plans given no employees and absence of profit and loss data.
• Confirm existence and valuation of fixed assets and potential for liquidation value.
• Assess director’s plans for addressing negative equity and improving liquidity.
• Verify absence of related party transactions or unusual financial arrangements.