Company Number: 15218847

Analysis Date: 2025-07-20 16:29 UTC

1. Risk Rating: HIGH
   The company exhibits a negative net asset position and net current liabilities, indicating solvency concerns. The limited operational history and micro-entity scale further restrict financial robustness.

2. Key Concerns:

   • Negative Shareholders' Funds: Shareholders' funds stand at -£2,236, reflecting liabilities exceeding assets.
   • Net Current Liabilities: Current liabilities of £4,414 exceed current assets, resulting in negative working capital (-£4,414), a liquidity red flag.
   • Early Stage Company with Minimal Financial Data: Incorporated in October 2023, only one set of unaudited accounts is available, limiting visibility on operational stability and cash flow trends.

3. Positive Indicators:

   • Compliance with Filing Requirements: No overdue accounts or confirmation statements, indicating good regulatory compliance so far.
   • Directors' Loans Are Interest-Free and Unsecured: The company owes modest sums to directors without interest, suggesting supportive management financing.
   • Small Number of Employees (2): Low headcount may imply controlled operating expenses.

4. Due Diligence Notes:

   • Investigate cash flow projections and funding plans given the negative net assets and working capital.
   • Clarify the nature and purpose of directors’ loans and any planned repayments or capital injections.
   • Assess business model viability and revenue generation prospects given the advertising agency SIC code and early stage of operations.
   • Confirm no director disqualifications or regulatory issues beyond the publicly available data.