Company Number: 14156691

Analysis Date: 2025-07-29 17:53 UTC

1. Risk Rating: HIGH
   The company exhibits negative net assets and net current liabilities in the most recent financial year, indicating solvency concerns and poor liquidity. The decline from a positive net asset position in the previous year to a deficit raises significant red flags regarding financial stability.

2. Key Concerns:

• Solvency Decline: Net assets fell from £1,520 (2023) to -£636 (2024), a material deterioration suggesting potential inability to meet obligations.
• Negative Working Capital: Current liabilities exceed current assets by £286 in 2024, indicating short-term liquidity issues that could impair operational continuity.
• Lack of Operational Scale: The company has no employees reported and minimal current assets (£1,108), casting doubt on the sustainability of ongoing business activities without additional funding or restructuring.

3. Positive Indicators:

• Timely Filings: The company is current with accounts and confirmation statements, demonstrating compliance with regulatory requirements.
• Micro Entity Status: Reduced reporting complexity and small scale may limit exposure to certain risks compared to larger companies.
• No Audit Requirement: As a micro-entity, the company benefits from lower administrative burdens, potentially preserving cash resources.

4. Due Diligence Notes:

• Investigate the cause of the sharp net asset decline and whether it reflects trading losses, write-offs, or other one-off charges.
• Review management plans or funding arrangements to address the liquidity shortfall and restore solvency.
• Confirm the nature of the company’s activities given the SIC codes and absence of employees, assessing operational viability and revenue generation.