Company Number: 14489049

Analysis Date: 2025-07-20 18:26 UTC

1. Risk Rating: HIGH
   Justification: The company shows significant liquidity and solvency stress in its latest financial year. Current liabilities have increased sharply with no corresponding current assets to cover them, resulting in a very large negative net current assets position (£-178,787). Although net assets remain positive due to fixed assets, the erosion of working capital and reversal from a positive net current asset position in prior years is concerning.

2. Key Concerns:

• Liquidity Risk: Current liabilities due within one year (£188,142) substantially exceed current assets (£9,355) as of the 2025 year-end, indicating potential cash flow difficulties to meet short-term obligations.
• Solvency Risk: The total assets less current liabilities dropped drastically from £217,311 (2024) to £24,822 (2025), primarily driven by a £206,698 creditor amount falling due after one year disappearing from the balance sheet which may reflect reclassification or repayment issues.
• Operational Stability: The company has no employees and minimal current assets, suggesting limited operational activity and potential reliance on external financing or asset disposals to sustain business. The industry (own real estate trading) typically requires strong capital backing which appears fragile here.

3. Positive Indicators:

• The company is current on all filing obligations with no overdue accounts or confirmation statements, indicating compliance with statutory requirements.
• Shareholders’ funds increased from £10,613 to £24,822 year-on-year, showing some capital injection or retained earnings growth.
• The fixed asset base (£203,609) remains intact and may represent real estate holdings that underlie the company’s value.

4. Due Diligence Notes:

• Investigate the nature of the current liabilities due within one year and the reason for the disappearance of long-term creditors between 2024 and 2025 accounts.
• Review cash flow statements and notes (if available) to assess the company’s ability to generate liquidity and meet upcoming obligations.
• Confirm the valuation and marketability of fixed assets given the company’s real estate trading focus.
• Examine any related party transactions or director loans that might affect financial stability.
• Assess business plan and pipeline of transactions to understand sustainability and revenue generation prospects.