Company Number: 14519097

Analysis Date: 2025-07-29 16:43 UTC

1. Risk Rating: HIGH
   The company exhibits a negative net asset position and net current liabilities, indicating a solvency risk. Given the micro-entity status and limited financial data, there is a significant concern about the company's ability to meet its obligations.

2. Key Concerns:

• Negative Net Assets: The balance sheet shows net assets of -£3,106, implying the company’s liabilities exceed its assets.
• Negative Net Current Assets: Current liabilities (£13,493) exceed current assets (£327) by £13,166, suggesting liquidity issues and potential cash flow constraints.
• Limited Operational Scale: With only one employee and minimal current assets, the company may lack operational stability and resilience to financial stress.

3. Positive Indicators:

• Compliance with Filing Requirements: No overdue accounts or confirmation statements, indicating good regulatory compliance and governance at present.
• Sole Director and Shareholder: Mrs. Latifat Olofin has full control, which may facilitate swift decision-making.
• Micro-entity Status: This suggests a small operational scale, which can sometimes limit exposure to large liabilities or operational complexity.

4. Due Diligence Notes:

• Investigate the nature and timing of current liabilities to assess if they are trade payables, loans, or other obligations and their payment terms.
• Review cash flow statements if available to understand liquidity management and sources of cash.
• Assess business model viability and revenue streams given the micro-entity scale and industry classification (other human health activities).
• Confirm if any contingent liabilities or off-balance-sheet risks exist that might exacerbate financial stress.
• Evaluate director’s plans or capital injection prospects to improve solvency and liquidity.