Company Number: 14851260

Analysis Date: 2025-07-20 12:54 UTC

1. Risk Rating: HIGH
   The company exhibits significant solvency concerns with net liabilities of £6,670 within its first financial year, indicating it is currently unable to meet its obligations without additional funding. The negative net current assets and shareholders' funds suggest financial instability.

2. Key Concerns:

• Negative Net Assets and Shareholders’ Funds: The company shows net liabilities of £6,670 at year-end, signaling insolvency on a balance sheet basis.
• Negative Working Capital: Current liabilities of £6,782 exceed current assets, resulting in net current liabilities, which raises liquidity concerns.
• Limited Operational History: Incorporated in May 2023 and reporting only one period, the company lacks an operational track record to assess business sustainability or revenue generation.

3. Positive Indicators:

• Compliance with Filing Requirements: The company has filed its accounts and confirmation statements on time, indicating regulatory compliance and good governance in terms of statutory obligations.
• Sole Director and PSC Alignment: Ms. Deborah Mary Thorp is both the sole director and 100% shareholder, which can facilitate swift decision making.
• Micro-Entity Reporting: The company benefits from simplified reporting requirements, consistent with its early-stage status and small size.

4. Due Diligence Notes:

• Investigate the source and extent of funding or capital injections planned or secured to cover current liabilities and improve solvency.
• Review business plan and revenue projections to assess operational sustainability and ability to generate positive cash flows.
• Confirm whether liabilities are trade payables, loans, or other debts, and the payment terms associated with them.
• Evaluate director’s experience and any related-party transactions that may affect financial health.
• Monitor subsequent filings and trading updates for evidence of financial improvement or ongoing losses.