Company Number: 15584790

Analysis Date: 2025-07-19 12:26 UTC

1. Risk Rating: HIGH
   Justification: The company has negative net current assets and net liabilities of £23, indicating it is insolvent on a balance sheet basis. Cash on hand is minimal (£80), and current liabilities exceed current assets, pointing to immediate liquidity concerns. Additionally, the company is newly incorporated with no employees and minimal operational history, increasing uncertainty.

2. Key Concerns:

• Solvency and Liquidity: Negative working capital (£-23) and cash of only £80 against director loans of £103 suggests an inability to meet short-term obligations without further funding.
• Operational Stability: No employees and no revenue data available; the company appears to be at a very early stage with unclear operational viability.
• Governance Concentration: Single director and sole person with significant control owning 75-100% shares concentrate control risk and decision-making, potentially impacting governance quality.

3. Positive Indicators:

• Compliance: Accounts and confirmation statements are filed on time with no overdue filings, indicating good regulatory compliance to date.
• Clear Accounting Policies: The company follows FRS 102 Section 1A for small entities and has prepared accounts in line with applicable standards without material departures.
• Director’s Commitment: The director has provided loans to the company, showing some financial support and commitment to operations.

4. Due Diligence Notes:

• Investigate the business plan and revenue generation prospects given the lack of employees and minimal assets.
• Clarify the nature and terms of director loans and the company’s plans for capital injection or funding to improve liquidity.
• Assess the director’s background and capacity to manage and grow the business given the sole control and lack of other management personnel.
• Monitor future financial filings for changes in working capital, asset base, and operational activity.