Company Number: 15107524

Analysis Date: 2025-07-19 12:53 UTC

1. Risk Rating: MEDIUM
   The company shows a positive net asset position but has a substantial creditor balance classified as "amounts falling due after more than one year," which nearly offsets its fixed assets. The small net asset value and lack of employees indicate early-stage operational development with limited financial buffer.

2. Key Concerns:

• Significant long-term liabilities (£302,480) close in magnitude to fixed assets (£302,613), potentially indicating leveraged asset acquisition or financing risk.
• Minimal current assets (£4,497) and net current assets (£4,497), suggesting limited liquidity to cover short-term obligations or operational expenses.
• No employees and minimal operational information, raising questions about the company’s current business activity and revenue generation capability.

3. Positive Indicators:

• Compliance is up to date with no overdue filings for accounts or confirmation statements, indicating good governance and regulatory adherence.
• Directors have relevant professional backgrounds, including an accountant, which may support sound financial management.
• The company is newly incorporated (2023) and actively maintained, with no signs of distress such as administration or liquidation.

4. Due Diligence Notes:

• Investigate the nature and terms of the creditor balance due after more than one year to assess repayment obligations and impact on solvency.
• Review business plans and revenue projections to understand operational sustainability and planned cash flow generation.
• Confirm the valuation and ownership status of fixed assets to ensure they are tangible and appropriately recorded.
• Assess whether there are any off-balance-sheet liabilities or contingent risks not disclosed in the micro-entity accounts.
• Examine the relationship and agreements between the two main shareholders and directors to understand control dynamics and decision-making.