Company Number: 14836805

Analysis Date: 2025-07-29 15:09 UTC

1. Risk Rating: HIGH
   The company shows extremely limited financial substance with net liabilities of £22 and no employees. The balance sheet indicates that total assets are insufficient to cover even current liabilities, signaling potential solvency concerns for an operational business.

2. Key Concerns:

• Negative net assets (£22) in the first reported financial year raise questions about capitalization and ability to meet obligations.
• No recorded employees, suggesting minimal or no operational activity which may impact sustainability.
• Single director who is also company secretary and sole significant controller, concentrating governance and operational control without apparent checks and balances.

3. Positive Indicators:

• The company is current on statutory filings with no overdue accounts or confirmation statements, indicating compliance with Companies House requirements.
• Incorporated recently (May 2023) and filing under micro-entity regime, which aligns with the minimal scale of operations.
• The director’s address and company registered office are consistent, indicating a stable registered location.

4. Due Diligence Notes:

• Investigate the nature and source of the £22 liability and assets reported, given the minimal balance sheet.
• Clarify the business model and operational status, including any contracts, revenues, or ongoing activities to assess viability.
• Verify the background and financial standing of the sole director and shareholder to evaluate funding capacity and governance quality.