Company Number: 14519366

Analysis Date: 2025-07-29 20:06 UTC

1. Risk Rating: HIGH
   Justification: The company shows a negative net asset position (-£99), indicating insolvency at the balance sheet date. The company has no employees, negligible assets, and minimal financial activity, which raises concerns about operational viability and liquidity.

2. Key Concerns:

• Negative net assets and net current assets suggest the company’s liabilities exceed its assets, signaling solvency risk.
• Absence of employees and minimal financial transactions indicates limited or no trading activity, questioning business sustainability.
• The company is newly incorporated (December 2022) and already reports a small negative net asset figure, possibly indicating startup losses or initial financing issues.

3. Positive Indicators:

• The company is compliant with filing deadlines for accounts and confirmation statements, showing regulatory compliance and governance awareness.
• Ownership and control are clearly consolidated under a single director and shareholder, simplifying decision-making and accountability.
• The business is categorized as a micro-entity with minimal reporting requirements, reducing administrative burden.

4. Due Diligence Notes:

• Investigate the nature and cause of the negative net asset balance and whether this is due to initial setup costs or operational losses.
• Confirm the company’s current trading status and cash flow situation beyond the reported period, including any external funding or shareholder loans.
• Assess the business plan and revenue projections for sustainability in the window cleaning services sector.
• Verify the director’s background and capacity to operate the business effectively given the lack of employees.