EGG & ONION LIMITED

Executive Summary

EGG & ONION LIMITED is an early-stage private company currently dormant with no trading activity and a negative working capital position, indicating elevated solvency and liquidity risks. While compliant with filing requirements and possessing tangible assets, the lack of operational history and negative net current assets warrant caution. Investors should conduct further due diligence on the company’s business plans and liabilities before considering investment.

EGG & ONION LIMITED - Analysis Report

Company Number: 14186749

Analysis Date: 2025-07-29 16:44 UTC

1. Risk Rating: HIGH
   The company presents a high risk profile primarily due to its dormant status with no trading activity, negative net current assets indicating liquidity concerns, and minimal equity base that limits its capacity to absorb financial shocks.

2. Key Concerns:

• Solvency and Liquidity Risk: The latest balance sheet shows current liabilities (£35,569) exceeding current assets (£21,177), resulting in net current liabilities of £14,392. This negative working capital position implies potential difficulties in meeting short-term obligations.
• Operational Stability: The company has not traded during the reported period, generating no income and incurring no expenditure. This raises concerns about the sustainability and viability of the business model.
• Limited Financial History and Dormant Status: Incorporated in mid-2022 and filing dormant accounts for the year ending 2023 suggests it is in an early or inactive stage, providing no operational track record for assessing performance or financial health.

3. Positive Indicators:

• Compliance with Filing Requirements: The company’s accounts and confirmation statement filings are up to date with no overdue filings, indicating compliance with statutory obligations.
• Ownership and Control Transparency: The majority shareholder holds 75-100% of shares and voting rights with clear control of director appointments, which can streamline decision-making.
• Tangible Fixed Assets: The company holds tangible fixed assets valued at £14,492, which may provide some asset backing.

4. Due Diligence Notes:

• Investigate the company’s business plan and timeline for commencement of trading to understand when and how it intends to generate revenue.
• Clarify the nature and terms of current liabilities to assess urgency and risk of default.
• Confirm the reason for the recent name change and its impact on business strategy or operations.
• Review director backgrounds and any related party transactions given the concentration of control.
• Monitor future filings for trading activity, profit and loss accounts, and cash flow statements to evaluate operational progress.