Company Number: 13368486

Analysis Date: 2025-07-29 20:32 UTC

1. Risk Rating: HIGH
   Justification: The company shows negative net current assets and shareholders' funds, indicating a solvency concern. The financial data is limited to one financial year with a small asset base and liabilities exceeding current assets. The company is very small with minimal capitalization (£100 share capital) and relies on related party funding, raising liquidity and operational sustainability questions.

2. Key Concerns:

• Negative net current assets of £1,955 and negative net assets indicate the company’s liabilities exceed its assets, posing solvency risk.
• Significant amounts owed to group undertakings (£5,972 creditors) suggest reliance on intra-group financing rather than external income or cash flow.
• The company operates with a single employee (director) and very limited turnover data, increasing operational risk and lack of diversification in income sources.

3. Positive Indicators:

• The company is active and compliant with filing deadlines for both accounts and confirmation statements, indicating regulatory adherence.
• The director affirms a going concern basis, suggesting management believes in continuing operations.
• The company benefits from group support via related party transactions and ultimate control by MFT Capital Ltd, which may provide financial backing.

4. Due Diligence Notes:

• Verify the extent and terms of related party loans and funding arrangements to assess financial support sustainability.
• Obtain updated financial information beyond March 2022 to evaluate recent performance and any improvements or deteriorations.
• Investigate the nature and prospects of the company's business activities, given the broad SIC codes covering amusement parks, restaurants, and other service activities, to assess operational viability.