Company Number: 13001576

Analysis Date: 2025-07-20 13:01 UTC

1. Risk Rating: HIGH
   The company exhibits negative net assets and net current liabilities, indicating an inability to cover short-term obligations with current assets. The negative shareholders' funds and net liabilities suggest solvency concerns.

2. Key Concerns:

• Negative net assets of £5,314 and net current liabilities of £1,135 raise solvency risks.
• The company has minimal share capital (£1.00) and very low current assets (£11,073), with liabilities exceeding assets.
• Operating with only 3 employees and limited financial scale as a micro-entity may restrict operational stability and scalability.

3. Positive Indicators:

• The company is compliant with filing requirements; no overdue accounts or confirmation statements reported.
• The business is active and incorporated recently (2020), suggesting it is in early stages of development.
• Directors appear to be properly appointed with current governance structure in place.

4. Due Diligence Notes:

• Investigate the nature and timing of liabilities contributing to net current liabilities and negative net assets.
• Review cash flow statements and profit and loss data (not provided) to assess operational cash flow and profitability trends.
• Examine the business plan or pipeline for sustainability and growth prospects given limited financial resources.
• Confirm no director disqualifications or compliance issues beyond available data.
• Clarify the reasons for the negative reserves and whether external funding or shareholder support is expected.