Company Number: 14845711

Analysis Date: 2025-07-20 18:28 UTC

1. Risk Rating: HIGH
   Justification: The company has minimal assets and no cash or current assets to cover any liabilities. It reported a significant operating loss relative to its turnover in its first accounting period, indicating early financial distress. The absence of employees and fixed assets suggests limited operational capacity.

2. Key Concerns:

• Negative gross profit of £10,687 on a turnover of £47,754 indicates the company is currently not operating profitably and may struggle to sustain operations.
• Zero cash and current assets raise significant liquidity concerns; the company lacks resources to meet short-term obligations or unexpected expenses.
• Very limited asset base (net assets of only £4) provides minimal financial buffer and suggests vulnerability to any adverse business developments.

3. Positive Indicators:

• The company is newly incorporated (May 2023) and has filed its accounts and confirmation statements on time, demonstrating compliance with statutory filing requirements.
• Directors have relevant local addresses and have disclosed People with Significant Control (PSCs), indicating transparency in ownership and governance.
• The company operates in the remediation and waste management sector (SIC 39000), which can have stable demand driven by regulatory requirements.

4. Due Diligence Notes:

• Investigate the nature and scale of the company's contracts or business pipeline to assess potential for revenue growth and profitability improvement.
• Review cash flow forecasts and funding arrangements to understand how the company plans to address its current liquidity shortfall.
• Confirm whether there are any off-balance sheet liabilities or contingent obligations not reflected in the accounts.
• Assess the experience and capacity of the directors to manage turnaround or growth given the current financial losses.
• Monitor for any upcoming filings or changes in status that could indicate financial or operational distress.