Company Number: 12933849

Analysis Date: 2025-07-20 11:05 UTC

1. Risk Rating: HIGH

Justification: The company shows persistent negative net current assets and shareholders' funds over multiple years, indicating ongoing insolvency risks. The limited financial data and lack of operational employees raise concerns about operational viability.

2. Key Concerns:

• Solvency Risk: Shareholders’ funds and net current assets are negative (£-600) consistently over the last three financial years, indicating potential inability to meet liabilities as they fall due.
• Liquidity Concerns: Current liabilities exceed current assets by £600 consistently, suggesting cash flow constraints and possible difficulties in settling short-term obligations.
• Operational Stability: No employees reported and minimal share capital (£100) combined with ongoing losses imply limited business activity or capital to sustain operations.

3. Positive Indicators:

• The company is classified as a micro-entity and benefits from simplified reporting and filing requirements.
• All statutory filings, including annual accounts and confirmation statements, are up to date with no overdue items, indicating compliance with regulatory requirements.
• The directors and persons with significant control are identified, and there are no reported director disqualifications or governance red flags in the data provided.

4. Due Diligence Notes:

• Investigate the nature of the negative current assets (e.g., are there unrecorded liabilities or accounting anomalies?).
• Understand the company's business model and operational activities given the absence of employees and persistent losses.
• Review any intercompany loans or related party transactions that could impact financial stability.
• Confirm whether the company has access to external funding or capital injections to support ongoing operations.
• Assess the director’s plans or strategy to restore profitability or solvency.