Company Number: 15411996

Analysis Date: 2025-07-29 19:51 UTC

1. Risk Rating: HIGH
   The company shows significant solvency concerns with negative net assets (£-1,242) and net current liabilities (£-117) at its first financial year end. The current liabilities exceed current assets, indicating liquidity constraints. The presence of long-term creditors (£2,800) further stresses its financial position. Given the very recent incorporation (January 2024) and no employees, operational sustainability remains unproven.

2. Key Concerns:

• Negative shareholders’ funds and net assets indicate the company is technically insolvent at the balance sheet date.
• Current liabilities exceed current assets, raising liquidity risk and potential difficulties meeting short-term obligations.
• The small asset base and absence of employees suggest limited operational scale and untested business model, increasing operational risk.

3. Positive Indicators:

• The company is compliant with filing deadlines for accounts and confirmation statements, showing regulatory adherence.
• Directors have relevant medical education backgrounds, consistent with the specialist medical practice SIC code (86220), implying industry knowledge.
• No off-balance sheet liabilities disclosed, reducing hidden risk exposure.

4. Due Diligence Notes:

• Investigate the nature and terms of creditors, particularly the £2,800 long-term liabilities, to assess repayment risk.
• Clarify the business model and revenue generation plans given minimal current assets and no employees.
• Confirm the directors’ plans to address negative equity and improve working capital to support operational continuity.
• Review subsequent management accounts and cash flow forecasts to track liquidity and solvency developments post-year end.