Company Number: 13616214

Analysis Date: 2025-07-20 15:47 UTC

1. Risk Rating: HIGH
   Justification: The company shows a significant imbalance between current assets and current liabilities with negative net assets and shareholders’ funds, indicating potential solvency issues. The financial statements exhibit unusual creditor classifications and negative equity, which raise concerns about financial stability and reporting accuracy.

2. Key Concerns:

   • Negative Net Assets and Shareholders’ Funds: The accounts report net assets and shareholders’ funds as negative (£-15,477 in 2024), which typically signals insolvency or accounting irregularities.
   • Misclassification or Unusual Creditor Presentation: The balance sheet presents current liabilities as positive figures and long-term creditors as large negative amounts (£18,579 in 2024), which is inconsistent with standard presentation and may indicate errors or misleading reporting.
   • Minimal Operational Scale and Revenue Information: As a micro-entity with only one employee and minimal current assets (£3,602) against significant liabilities, the company’s operational sustainability is questionable without further details on revenue or cash flow.

3. Positive Indicators:

   • Timely Filing Compliance: All accounts and confirmation statements are filed on time, demonstrating good regulatory compliance.
   • Consistent Reporting Periods: The company maintains consistent annual reporting dates and has provided multi-year data for trend analysis.
   • No Indication of Insolvency Proceedings: The company is active and not in liquidation, administration, or receivership.

4. Due Diligence Notes:

   • Clarify Balance Sheet Presentation: Investigate the classification and values of creditors and liabilities to confirm accuracy and understand the nature of the large long-term creditor figure.
   • Review Underlying Financial Performance: Obtain profit and loss data or cash flow statements to assess revenue generation, profitability, and liquidity beyond balance sheet snapshots.
   • Assess Director and Governance Background: Verify the director’s profile for prior conduct and ensure no disqualifications or regulatory issues exist.