Company Number: 14737492

Analysis Date: 2025-07-29 13:44 UTC

1. Risk Rating: HIGH
   Kodama Capital Limited demonstrates a precarious financial position with net current liabilities of £14,499 against minimal current assets (£543) and substantial current liabilities (£15,042) as at 31 March 2024. The negative shareholders' funds of £14,502 indicate accumulated losses or undercapitalization, typical of a newly incorporated entity with limited operating history and no employees. These factors collectively suggest significant solvency and liquidity risks.

2. Key Concerns:

• Negative working capital: The company’s current liabilities exceed current assets by a large margin, indicating potential difficulties in meeting short-term obligations.
• Negative shareholders’ funds: Indicates that the company’s liabilities exceed its assets, reflecting a deficit in equity and possible ongoing losses or underfunding.
• No operational history or income statement: The accounts are unaudited and do not include a profit and loss statement, making it difficult to assess revenue generation, profitability, or cash flow stability.

3. Positive Indicators:

• Compliance with statutory filings: The company is active, up to date with accounts and confirmation statement filings, demonstrating adherence to regulatory requirements.
• Clear governance structure: Two directors with defined control and a corporate secretary have been appointed, suggesting appropriate management oversight.
• No overdue filings or liquidation status: Indicates no immediate regulatory or insolvency concerns.

4. Due Diligence Notes:

• Investigate the nature and source of creditors and the composition of the £15,042 current liabilities to understand short-term funding pressures.
• Seek management commentary or internal forecasts regarding plans to improve liquidity and solvency, including any forthcoming capital injections or revenue streams.
• Review any subsequent financial statements or management accounts to monitor progress beyond the initial incorporation period.
• Confirm the status and role of the controlling director and shareholder, including their capacity and commitment to provide financial support if required.
• Assess the business model and market positioning under SIC code 82990 to evaluate operational sustainability and revenue prospects.