Company Number: 13003823

Analysis Date: 2025-07-29 15:31 UTC

1. Risk Rating: HIGH
   The company’s financial data indicates minimal net current assets (£100) with current liabilities almost equal to current assets as of the latest available accounts (year ending November 2021). There is no indication of profitability or retained earnings, and no employees reported. These factors signal a high risk regarding the company’s ability to meet obligations and maintain operational stability.

2. Key Concerns:

• Liquidity Risk: Current assets barely exceed current liabilities by £100, suggesting very limited working capital and potential cash flow constraints.
• Operational Stability: The company reported no employees, indicating it may not yet be fully operational or could be relying heavily on external parties, which may affect sustainability.
• Limited Financial Transparency: The latest available accounts are for the period ending November 2021, with no recent financial data provided. This lack of updated financial information restricts a current assessment of financial health.

3. Positive Indicators:

• Compliance with Filings: The company is up to date with its accounts and confirmation statement filings, indicating regulatory compliance and active governance.
• Ownership Structure: Controlled by established entities (Ylem Group Limited and Balance Power Projects Limited), which may provide some financial or managerial support.
• Industry Engagement: Involved in development of building projects and production of electricity, sectors with long-term demand potential.

4. Due Diligence Notes:

• Obtain the most recent financial statements to evaluate current financial position and performance trends.
• Clarify the operational status of the company, including whether any trading activity or contracts have commenced beyond the initial setup phase.
• Investigate related party transactions, given ownership by other companies, to assess financial interdependencies or support arrangements.
• Review director backgrounds for any governance or reputational concerns; current directors have recent appointments which may indicate management changes or restructuring.