Company Number: SC753147

Analysis Date: 2025-07-20 15:39 UTC

Risk Rating: HIGH
Justification: The company shows net current liabilities and negative shareholders' funds shortly after incorporation, signaling immediate solvency concerns. The absence of employees and limited operational history further increases uncertainty about operational stability.

Key Concerns:

1. Negative net current assets (£-852) and shareholders' funds indicate that liabilities slightly exceed current assets, posing solvency risk.
2. No employees and very limited trading history since incorporation in late 2022 raise questions about the company’s operational capacity and revenue-generating activities.
3. Lack of audit and limited financial disclosures typical for micro-entity status reduce transparency, making risk assessment more challenging.

Positive Indicators:

1. The company is current on all statutory filings (accounts and confirmation statements) with no overdue returns, suggesting compliance with regulatory requirements.
2. Sole director and 100% controlling shareholder is clearly identified, implying transparent control structure.
3. The company's SIC code (41202) aligns with a well-defined sector (construction of domestic buildings), which is a stable industry segment if properly managed.

Due Diligence Notes:

• Investigate the nature and timing of current liabilities to understand if these are short-term operational payables or related party loans.
• Review any cash flow forecasts or business plans to assess future liquidity and operational viability.
• Confirm whether any bank facilities or external financing arrangements exist that might support the company’s working capital needs.
• Assess the director’s background and experience in the construction sector given sole control over company operations.
• Monitor future filings and financial updates to identify any material changes in financial position or operational activity.