Company Number: 14817857

Analysis Date: 2025-07-20 13:13 UTC

1. Risk Rating: HIGH
   The company exhibits very weak financial indicators with net current liabilities and minimal net assets. The presence of director loans as a significant debtor amount also raises concerns regarding capital structure and liquidity.

2. Key Concerns:

• Negative net current assets (-£1,691) indicating potential liquidity issues to meet short-term obligations.
• Extremely low net assets (£37), suggesting minimal financial cushion and capital invested in the business.
• Dependence on unsecured, interest-free director loan (£36,274) to fund operations, which may not be sustainable or indicative of external financing capability.

3. Positive Indicators:

• Company status is active and filings (accounts and confirmation statements) are up to date with no overdue documents, reflecting regulatory compliance.
• The director and sole significant controller is clearly identified and actively involved, which can aid decision-making and governance.
• The company operates in multiple related sectors (quantity surveying, management consultancy, railway construction) potentially allowing diversified revenue streams over time.

4. Due Diligence Notes:

• Investigate the nature and terms of the director loan, including any plans for repayment or conversion to equity.
• Review cash flow statements and future cash flow projections to assess the ability to cover current liabilities and operational expenses.
• Understand the company’s business model, contracts, and pipeline to evaluate operational sustainability given limited capital.
• Confirm no contingent liabilities or off-balance sheet obligations that might further strain finances.
• Monitor for any changes in ownership or director appointments that could impact governance or financial support.