Company Number: 14246177

Analysis Date: 2025-07-29 14:06 UTC

1. Risk Rating: HIGH

   The company exhibits significant solvency and liquidity risks evidenced by persistent negative net assets and net current liabilities over the last three reported years.

2. Key Concerns:

   • Negative Net Assets: The company’s net assets deteriorate slightly year on year, standing at approximately -£14,191 as of July 2024, indicating liabilities exceed assets.
   • Persistent Working Capital Deficit: Net current liabilities are substantial (£-54,635 as of July 2024), implying potential difficulties in meeting short-term obligations.
   • Limited Financial Cushion and Scale: As a micro-entity with only two employees, small asset base, and no audit performed, there is limited evidence of financial robustness or operational scale.

3. Positive Indicators:

   • Compliance With Filing Requirements: The company is up to date with both accounts and confirmation statement filings, indicating good regulatory compliance.
   • Stable Management and Ownership: The sole director and majority shareholder, Mrs. Emily Alice Robins, has been in place since incorporation, providing continuity.
   • Incremental Asset Growth: Fixed assets have increased marginally from £37,891 to £41,844, suggesting some reinvestment or capital expenditure.

4. Due Diligence Notes:

   • Investigate the cause of sustained negative net assets and working capital deficits; review cash flow statements and creditor arrangements.
   • Assess the company’s business model viability and ability to generate sufficient cash flow to meet liabilities.
   • Examine the director’s plans for addressing the capital deficiency and liquidity shortfall.
   • Confirm absence of any contingent liabilities or off-balance sheet obligations.
   • Verify further details on revenue, profitability, and future contracts as these are not disclosed.