Company Number: 14369953

Analysis Date: 2025-07-29 18:47 UTC

1. Risk Rating: MEDIUM
   The company is currently active and solvent on a balance sheet basis but shows no turnover for the latest financial year, indicating limited operating activity. The small asset base and negative profit suggest potential challenges in generating sustainable revenues.

2. Key Concerns:

• Lack of Revenue Generation: Zero turnover reported for the 2023-24 period indicates the business has not yet commercialized its operations or secured clients, raising questions about operational viability.
• Operating Losses: The company incurred a loss of £383 in the latest period despite minimal costs, which may worsen if operating expenses increase without revenue.
• Limited Financial Scale: Very small asset base (£660 net assets) and micro-entity status restrict financial flexibility and increase vulnerability to adverse events.

3. Positive Indicators:

• No Overdue Filings: Both accounts and confirmation statement are filed on time, suggesting good regulatory compliance and governance practices.
• No Current Liabilities: Absence of short-term creditors reduces immediate solvency risk and indicates no pressing debt obligations.
• Sole Director Control: Clear ownership and control by an identified individual (Kristian Gary Putman) may facilitate swift decision-making and accountability.

4. Due Diligence Notes:

• Investigate the business model and planned revenue streams to assess the timeline and feasibility of generating consistent income.
• Review cash flow and funding sources (e.g., shareholder loans or investments) supporting operations given the zero turnover and operating loss.
• Confirm no undisclosed liabilities or contingent risks off the balance sheet that could impact solvency.
• Assess director’s background and experience relevant to the industry codes (research and software development) to gauge operational capability.