Company Number: 14631375

Analysis Date: 2025-07-20 15:37 UTC

1. Risk Rating: MEDIUM
   The company is a newly incorporated micro-entity with modest net assets but negative net current assets, indicating some liquidity pressure. It currently meets micro-entity filing requirements and has no overdue filings or liquidation status, but the balance sheet shows potential working capital risk due to current liabilities exceeding current assets.

2. Key Concerns:

• Negative Net Current Assets (£-5,616): Current liabilities exceed current assets, suggesting short-term liquidity constraints that could impact the company’s ability to meet immediate obligations.
• High Long-Term Creditors (£38,393): Significant long-term liabilities relative to net assets (£5,053) may indicate reliance on external financing or deferred payments that warrant further scrutiny.
• Limited Operational History and Scale: Incorporated in 2023, with only one employee on average and limited financial data, the company’s operational sustainability and revenue generation capacity remain unproven.

3. Positive Indicators:

• No Overdue Filings: Annual accounts and confirmation statements are up to date, reflecting good compliance and governance practices.
• Positive Net Assets (£5,053): Despite liquidity pressures, the company retains positive shareholder equity, indicating some residual financial buffer.
• Clear Ownership and Control Structure: Two directors with equal shareholding and voting rights provide transparent governance and decision-making clarity.

4. Due Diligence Notes:

• Investigate the nature and terms of the long-term creditors (£38,393) to assess repayment schedules and potential refinancing risks.
• Review cash flow statements or bank statements (if available) to evaluate actual liquidity and operational cash generation capability.
• Assess the business plan and pipeline for revenue growth given the company’s early stage and small scale.
• Verify the roles and responsibilities of directors, especially the recent change in directorship for Danicleia Linhares Pinheiro, to understand any impact on management continuity.
• Confirm the absence of any undisclosed contingent liabilities or related party transactions.