Company Number: NI667043

Analysis Date: 2025-07-29 16:03 UTC

1. Risk Rating: HIGH
   The company shows a significant imbalance in its financial structure, with current liabilities far exceeding current assets and an overall net asset position that is tenuous given the large long-term creditors. This raises solvency and liquidity concerns.

2. Key Concerns:

• Solvency Risk: The company has fixed assets valued at £387,695 but is offset by long-term creditors of £393,850, resulting in minimal net assets (£5,589), indicating potential over-leverage.
• Liquidity Concerns: Current assets are £13,055, but current liabilities are £1,311 (not large in itself), yet the presence of substantial long-term creditors suggests cash flow constraints or reliance on external funding.
• Operational Stability: No employees are reported, and the company operates in the property buying and selling sector without apparent trading history prior to the latest year, suggesting a nascent or inactive operational state.

3. Positive Indicators:

• Compliance: The company is up to date with both accounts and confirmation statement filings, indicating adherence to regulatory requirements.
• Asset Base: Ownership of significant fixed assets valued at nearly £388k provides collateral value and potential for revenue generation or liquidation value.
• Shareholder Control: Clear ownership and control structure with a director actively involved since incorporation, which may allow for focused management decisions.

4. Due Diligence Notes:

• Investigate the nature and terms of the long-term creditors (£393,850) to understand liabilities and repayment obligations.
• Assess cash flow projections and any available management accounts to determine liquidity position beyond the balance sheet snapshot.
• Review the fixed asset composition and valuation to confirm realizable value and underlying business activity related to these assets.
• Explore the business model and any contracts or agreements to assess operational viability given no reported employees or revenue data.
• Confirm that there are no director disqualifications or adverse records for the named director and significant controller.