Company Number: 14403381

Analysis Date: 2025-07-20 11:04 UTC

1. Risk Rating: HIGH
   The company exhibits significant solvency and liquidity risks with negative net assets and current liabilities exceeding current assets. The small scale and early stage of the business further heighten operational risk.

2. Key Concerns:

• Negative net current assets of £(2,202) indicating immediate liquidity challenges.
• Net liabilities of £(2,202) and negative shareholders’ funds suggest the company is insolvent on a balance sheet basis.
• No employees and minimal cash (£17) implying limited operational capacity and potential difficulties in sustaining day-to-day business activities.

3. Positive Indicators:

• Compliance with filing deadlines: Accounts and confirmation statements are up to date with no overdue filings, demonstrating good regulatory compliance so far.
• Clear ownership and control structure: Single director and 75-100% shareholder with direct involvement may facilitate swift decision-making in a small start-up environment.
• Company is active and not in liquidation or administration, indicating ongoing operations at this early stage.

4. Due Diligence Notes:

• Investigate the nature and cause of the negative debtor balance (£(1,919)) as this is unusual and may represent accounting anomalies or related party transactions.
• Clarify the company’s business model and revenue generation plans given the absence of employees and very limited cash resources.
• Confirm the director’s capacity and plans to inject additional capital or secure financing to address the negative net assets and liquidity shortfall.
• Review any off-balance sheet liabilities or contingent risks not disclosed in the accounts.
• Assess the reasonableness of the accounting policies applied, especially given the exemption from audit and the unaudited status of financial statements.