Company Number: 14762913

Analysis Date: 2025-07-29 12:41 UTC

1. Risk Rating: HIGH
   The company exhibits significant negative net assets and current liabilities far exceeding current assets, indicating poor solvency and liquidity.

2. Key Concerns:

• Negative net assets of £15,473 signal the company is insolvent on a balance sheet basis.
• Current liabilities (£14,995) vastly exceed current assets (£1), creating immediate liquidity risk.
• Reliance on director’s personal support to continue as a going concern suggests operational fragility and potential funding dependency.

3. Positive Indicators:

• No overdue filings or confirmation statements indicate regulatory compliance is currently maintained.
• The company is very new (incorporated March 2023), so financial results reflect start-up phase challenges rather than prolonged distress.
• Single director and sole shareholder structure offers clear control and decision-making.

4. Due Diligence Notes:

• Investigate the nature and terms of the director’s support commitment to assess sustainability of ongoing funding.
• Clarify the company’s business plan and cash flow projections to understand path to profitability and asset acquisition.
• Confirm whether the company holds any physical or investment assets related to its real estate SIC codes to substantiate potential future value.
• Review any contingent liabilities or related party transactions not disclosed in the micro-entity accounts.