Company Number: 15279783

Analysis Date: 2025-07-20 13:32 UTC

1. Risk Rating: HIGH
   The company shows net current liabilities of £5,313 and owes significant liabilities including corporation tax and director loans shortly after incorporation. Operating for just one year, it has a negative working capital position, which indicates potential liquidity stress.

2. Key Concerns:

• Negative net current assets (£-5,313) despite holding £18,154 cash suggests obligations exceed short-term liquid resources.
• Significant creditors include £9,419 corporation tax and £14,486 director’s current account, indicating reliance on director financing and possible tax liabilities.
• The company is very new (incorporated Nov 2023), with limited financial history and no filed profit and loss statement, making sustainability and operational performance unclear.

3. Positive Indicators:

• Shareholders’ funds stand at £5,914, showing some capital invested.
• The company owns tangible fixed assets valued net at £11,227, supporting operational capability.
• No overdue filings or compliance issues noted, and the director holds full control, implying clear governance structure.

4. Due Diligence Notes:

• Investigate the nature and terms of director’s current account balances to assess financial support and repayment risk.
• Request management accounts or turnover data to evaluate cash flow generation and operational profitability.
• Confirm tax position and any potential contingencies related to corporation tax creditor.
• Assess business plan viability given current negative working capital and asset base.