Company Number: 14522008

Analysis Date: 2025-07-20 12:50 UTC

1. Risk Rating: HIGH
   The company exhibits significant solvency concerns as evidenced by negative net assets and net current liabilities. Being a micro-entity with limited financial resources and a short trading history increases risk.

2. Key Concerns:

• Negative net assets of £5,170 indicating the company is currently insolvent on a balance sheet basis.
• Net current liabilities of £18,297 suggest an inability to meet short-term obligations from current assets.
• Very limited fixed and current asset base (£13,127 and £4,175 respectively) relative to liabilities raises liquidity concerns.

3. Positive Indicators:

• The company is active and up to date with statutory filings and accounts, showing compliance and governance discipline.
• Directors and persons of significant control are clearly identified with no adverse information noted.
• Small workforce (2 employees) may imply low operating overheads which could be beneficial if revenue increases.

4. Due Diligence Notes:

• Investigate the source of the current liabilities and the company’s plans or ability to settle or restructure these debts.
• Review any cash flow statements or management accounts to assess operational cash flows and liquidity beyond the balance sheet snapshot.
• Clarify the nature and sustainability of the business model given the SIC classification (retail sale in non-specialised stores) and the lack of profitability or asset coverage.
• Confirm the absence of contingent liabilities or pending legal/regulatory issues not captured in filings.