Company Number: 13033467

Analysis Date: 2025-07-20 13:32 UTC

1. Risk Rating: HIGH
   The company exhibits a consistently negative net asset position, negative working capital, and minimal current assets, signaling significant solvency and liquidity risks.

2. Key Concerns:

• Persistent negative net current assets and total net liabilities (~£4,071) over multiple years indicate ongoing financial distress.
• Extremely low liquidity with cash at bank dropping to £17 as of the latest accounts, raising serious concerns about the company’s ability to meet short-term obligations.
• No employees reported and limited operational scale raise questions about business sustainability and revenue-generating capacity.

3. Positive Indicators:

• The company is current with statutory filings (accounts and confirmation statements) and there is no indication of regulatory non-compliance or overdue filings.
• Ownership and control appear stable with a clear majority shareholder (Mr James Thomas Bentley) actively involved as a director.
• Incorporation is relatively recent (2020), which may imply the company is still in a startup or restructuring phase.

4. Due Diligence Notes:

• Investigate the nature of the company’s liabilities and creditor terms to assess any potential restructuring or renegotiation efforts.
• Review cash flow statements and management accounts (if available) to understand current operational cash generation and funding sources.
• Clarify business model and customer base given no employees and minimal assets; determine plans for addressing the ongoing negative equity position.
• Confirm any contingent liabilities or off-balance sheet obligations not reflected in the accounts.
• Verify director background and any associated company performance or related party transactions.