Company Number: 12436913

Analysis Date: 2025-07-20 16:17 UTC

1. Risk Rating: HIGH
   The company shows persistent negative net assets (shareholders' funds) indicating insolvency. Current liabilities significantly exceed current assets, suggesting liquidity issues. The micro-entity size and lack of employees imply limited operational scale, raising concerns about sustainability.

2. Key Concerns:

• Negative net assets of £6,161 in 2024 (and similar in prior years) indicate that liabilities exceed assets, which is a solvency red flag.
• Current liabilities (£14,162) far exceed current assets (£201), implying potential difficulty meeting short-term obligations.
• No employees and minimal turnover data suggest limited operational activity, raising concerns about business viability and cash flow generation.

3. Positive Indicators:

• The company is current on all filing obligations (accounts and confirmation statement), indicating compliance with statutory requirements.
• The sole director and PSC is stable, with consistent control since incorporation, which may support operational continuity.
• Fixed assets have slightly increased from £7,500 to £7,800, showing some investment or asset retention.

4. Due Diligence Notes:

• Investigate the nature and timing of the significant current liabilities to assess if they are trade creditors, loans, or other obligations.
• Review cash flow statements or bank statements (if available) to understand liquidity management and ability to meet short-term debts.
• Assess the company’s income generation and revenue streams given zero reported employees and very low current assets.
• Confirm whether any related party transactions or director loans contribute to the liabilities or equity structure.
• Explore any contingent liabilities or off-balance-sheet commitments not reflected in these accounts.