Company Number: 13146436

Analysis Date: 2025-07-20 11:43 UTC

1. Risk Rating: HIGH
   The company exhibits persistent negative net current assets and shareholders' funds over multiple years, indicating a weak financial position and potential solvency concerns.

2. Key Concerns:

• Negative Net Current Assets and Shareholders’ Funds: The company has consistently reported net current liabilities (e.g., £-753 in 2023) and negative equity (e.g., £-853 in 2023), suggesting that liabilities exceed assets and raising doubts about its ability to meet short-term obligations.
• Reliance on Significant Loans: The creditor balance is dominated by a substantial loan (£22,035), implying dependency on external financing that may be difficult to sustain if cash flows do not improve.
• No Employees or Operational Data: The accounts report zero employees and no income statement filed, limiting visibility into operational performance and cash flow generation, which raises concerns about ongoing business sustainability.

3. Positive Indicators:

• Timely Filing Compliance: Both accounts and confirmation statements are up to date with no overdue filings, indicating good regulatory compliance and governance practices.
• Single Controlling Shareholder with Full Control: Ownership concentration (75-100% shares and voting rights) under Mr Vishnu Mohan may facilitate decisive management actions and strategic direction.
• No Indication of Insolvency Proceedings: The company is active and not under liquidation, administration, or receivership, suggesting it has not yet reached a formal financial distress stage.

4. Due Diligence Notes:

• Investigate the nature and terms of the £22,035 loan (interest rate, repayment schedule, lender identity) to assess refinancing risk and creditor relationships.
• Request detailed management accounts or cash flow forecasts to evaluate operational viability and whether negative net assets reflect temporary issues or chronic underperformance.
• Confirm if there are any contingent liabilities or off-balance sheet commitments not visible in the filed accounts.
• Clarify the company’s business model and revenue streams given the absence of employees and income statement disclosures.
• Verify the background and financial capacity of the controlling party to support the company if needed.