Company Number: 15238211

Analysis Date: 2025-07-29 12:27 UTC

1. Risk Rating: MEDIUM
   The company is newly incorporated with limited operating history and minimal net assets. While it currently meets solvency requirements on a technical basis, the negative net current assets position signals potential liquidity constraints that require monitoring.

2. Key Concerns:

• Negative Net Current Assets (£-149,998) indicates that short-term liabilities substantially exceed current assets, pointing to liquidity risk.
• Very minimal shareholders’ funds (£2), which limits financial resilience and buffer against unexpected expenses or downturns.
• Company is in its first year of trading with only one employee and no audit, so limited financial track record to assess operational stability or cash flow generation.

3. Positive Indicators:

• The company is compliant with filing deadlines for both accounts and confirmation statements, demonstrating good regulatory compliance to date.
• Fixed assets valued at £150,000 provide some tangible asset base which may support operations or collateral needs.
• Ownership and control are clearly defined between two individuals, providing transparency in governance.

4. Due Diligence Notes:

• Investigate nature and liquidity of fixed assets to determine if they can be converted to cash if needed.
• Review cash flow projections and working capital plans to understand how the company intends to manage its negative net current assets.
• Assess business model and client pipeline, given the management consultancy SIC code, to evaluate revenue sustainability and growth prospects.
• Confirm absence of any related party transactions or contingent liabilities that could exacerbate solvency risks.
• Monitor subsequent filings for improvements or deterioration in financial position, given the company’s infancy.