Company Number: 13314478

Analysis Date: 2025-07-20 13:40 UTC

1. Risk Rating: MEDIUM
   The company exhibits a recent deterioration in net current assets and shareholders’ funds, moving from positive equity to a negative position as of the latest financial year. While it remains active and compliant with filing deadlines, the negative net assets suggest solvency concerns that warrant caution.

2. Key Concerns:

• Negative Net Assets and Working Capital: The latest accounts show net current liabilities of £1,244 and shareholders’ funds of -£718, indicating the company’s liabilities exceed its assets.
• Limited Financial Resources: Share capital is minimal (£1), and current assets have declined slightly, which may constrain operational flexibility.
• Single Director and Control Concentration: Mrs. Bethany Alice France-Roberts holds 75-100% control and is the sole director, concentrating governance and operational risk.

3. Positive Indicators:

• Timely Compliance: The company has no overdue accounts or confirmation statements, demonstrating good regulatory compliance.
• Business Continuity: The company is active and has been operating since 2021, with growth in fixed assets from £255 to £526, suggesting some reinvestment.
• Micro-Entity Reporting: Accounts prepared under micro-entity provisions reduce administrative burden, which can be appropriate for a small or start-up business.

4. Due Diligence Notes:

• Cash Flow and Profitability Trends: Request detailed management accounts or P&L data to understand cash flow, profitability, and why net assets have turned negative.
• Liabilities Composition: Investigate the nature of current liabilities—whether trade creditors, loans, or other debts—and their repayment terms.
• Director’s Strategic Plans: Clarify the director’s plans to restore positive equity and ensure operational sustainability, including any capital injections or cost controls.
• Related Party Transactions and Governance: Review any transactions with related parties and assess governance controls given single directorship and ownership.