Company Number: 15116020

Analysis Date: 2025-07-29 20:58 UTC

1. Risk Rating: HIGH
   Justification: The company has negative net current assets of £2,723 and negative shareholders’ funds of the same amount as of the latest accounts date. This indicates insolvency at the balance sheet date, raising immediate concerns about its ability to meet short-term obligations. The company is newly incorporated (September 2023) and already showing a deficit, suggesting early financial distress.

2. Key Concerns:

• Negative net current assets and net liabilities position indicate solvency risk.
• Minimal current assets (£914) versus current liabilities (£3,637) implies liquidity constraints and potential cash flow problems.
• No employees apart from the director and no audit or detailed profit and loss information disclosed limits transparency on operational performance and sustainability.

3. Positive Indicators:

• Timely filing of both accounts and confirmation statement with no overdue filings, indicating compliance with statutory requirements.
• Ownership and control centralized under a single director with real estate expertise, which may facilitate agile decision-making.
• Industry classification includes real estate agencies, a sector with potential for growth depending on market conditions.

4. Due Diligence Notes:

• Investigate the nature of current liabilities and whether these are trade creditors, loans, or related party debts to assess repayment risk.
• Clarify business model viability and revenue generation plans given the micro-entity status and no reported employees.
• Review any cash flow forecasts or director’s statements on going concern to understand future financial sustainability.
• Confirm no undisclosed contingent liabilities or regulatory issues given the early stage and negative equity position.