Company Number: 14073632

Analysis Date: 2025-07-29 18:39 UTC

1. Risk Rating: HIGH
   The company exhibits significant solvency risk with negative net assets (£-24,057) and net current liabilities, indicating it cannot currently meet its short-term obligations. The overdue accounts filing further raises concerns about regulatory compliance.

2. Key Concerns:

• Negative shareholders’ funds and net liabilities suggest ongoing financial distress and potential insolvency risk.
• Current liabilities (£43,631) exceed current assets (£19,574), resulting in a negative working capital position (-£24,057), highlighting liquidity challenges.
• Overdue statutory accounts filing (due 31 Jan 2025 but not yet submitted) indicates possible governance or compliance issues that may expose the company to penalties or regulatory scrutiny.

3. Positive Indicators:

• The company has a single director and controlling shareholder, which may simplify decision-making and allow quicker strategic responses.
• There are no long-term liabilities recorded, so the company’s debt exposure is limited to short-term creditors.
• The business operates in video production (SIC 59112), a sector with potential for growth and scalability, albeit early stage.

4. Due Diligence Notes:

• Investigate the nature of the £43,631 short-term creditors to understand if they are trade payables, loans, or related party balances, and the terms of repayment.
• Confirm the company’s revenue generation and cash flow since incorporation, as turnover figures were not provided, to assess operational viability.
• Review reasons for overdue accounts filing and whether this is an isolated delay or indicative of broader compliance or management issues.
• Assess the director’s capacity and plans to address the negative net asset position, including any capital injections or restructuring efforts.