Company Number: 13810368

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

1. Risk Rating: HIGH
   The company shows extremely limited financial resources with net assets declining sharply from £7,901 in 2022 to just £1 in 2023. The absence of employees and minimal current assets raise concerns about operational viability and liquidity.

2. Key Concerns:

• Liquidity Risk: Current assets of only £1 are insufficient to cover any short-term liabilities or operational expenses.
• Operational Sustainability: No employees and negligible assets suggest the business is not actively operating or generating revenue.
• Declining Net Assets: Significant reduction in net assets from £7,901 to £1 within a year indicates possible depletion of capital or losses not detailed in the accounts.

3. Positive Indicators:

• Compliance with Filings: Accounts and confirmation statements are filed timely with no overdue reports, indicating good regulatory compliance.
• Single Controlling Director: Clear ownership and control by a single individual may facilitate decision making and oversight.
• No Indication of Insolvency: Company status remains active with no liquidation or administration proceedings underway.

4. Due Diligence Notes:

• Investigate the cause of the drastic reduction in net assets in 2023 and whether there are any contingent liabilities or operational losses not disclosed.
• Clarify the company’s current business activities given the absence of employees and minimal assets.
• Review cash flow statements or bank records if available to assess liquidity beyond balance sheet snapshots.
• Confirm whether the company is still trading or merely maintaining registration without active operations.
• Examine any related party transactions or loans from the controlling director that may impact financial stability.