Company Number: 13493408

Analysis Date: 2025-07-29 12:18 UTC

1. Risk Rating: HIGH
   Justification: The company shows extremely limited financial scale with net assets of only £51 consistently over recent years despite incorporation in 2021. There are no employees and minimal current assets (£151) against current liabilities (£100). The creditor amount falling due after more than one year is negative £100, which may indicate some outstanding obligation or misclassification. This indicates a very fragile financial position with insufficient capital and resources to meet obligations comfortably.

2. Key Concerns:

• Minimal Net Assets and Working Capital: Net assets of £51 and net current assets of £151 are alarmingly low, raising serious concerns about solvency and ability to cover liabilities or finance operations.
• No Employees and Limited Operational Scale: The company reports zero employees and very small transactions, which questions operational sustainability and revenue generation capacity.
• Longevity and Financial Stability: Since incorporation in 2021, the company’s net assets have dramatically declined from £1,193 in 2021 to £51 in 2024, indicating erosion of capital or minimal business activity, suggesting limited business viability.

3. Positive Indicators:

• Company Status and Compliance: The company is active and up to date with filing of accounts and confirmation statements with no overdue filings or compliance issues noted.
• Single Owner and Control: Control is centralized under one individual (Mr Kris Boyson), which may simplify decision-making and governance, albeit increasing risk of single-person dependency.
• No Disqualification or Legal Flags: No director disqualification or legal compliance issues are apparent from the data provided.

4. Due Diligence Notes:

• Investigate the nature and reason for the negative creditors falling due after more than one year (£100) to understand any long-term liabilities.
• Review cash flow statements or management accounts if available to assess actual liquidity beyond the balance sheet snapshot.
• Clarify the company’s business model and revenue generation given the absence of employees and very low assets, to assess operational sustainability.
• Confirm if the company is dormant or minimally trading, as micro-entity accounts suggest very limited activity.
• Assess the director’s plans for capital infusion or business development to address financial fragility.