Company Number: 15009047

Analysis Date: 2025-07-20 13:52 UTC

1. Risk Rating: HIGH
   KYDIEM LTD exhibits a high risk profile primarily due to its negative net assets and shareholder funds shortly after incorporation. The company’s liabilities exceed its assets, indicating solvency concerns at this early stage.

2. Key Concerns:

• Negative Net Assets and Shareholders’ Funds: The balance sheet as at 31 March 2024 shows net liabilities of £2,455 and shareholders’ funds of -£2,457, implying the company is currently insolvent on a balance sheet basis.
• Director’s Loan as Long-Term Liability: The entire creditor amount falling due after more than one year (£2,455) is a director’s loan, indicating reliance on director financing rather than external capital or operational cash flow.
• Limited Operational History and Scale: Incorporated in July 2023 with only one employee, the company’s financial data is limited and indicates it is in an early, potentially unstable stage with no turnover or asset base reported yet.

3. Positive Indicators:

• Compliance with Filing Deadlines: The company is current with its accounts and confirmation statement filings, showing regulatory compliance and good governance processes so far.
• Clear Ownership and Control: The sole director and 75-100% beneficial owner is identified with no red flags such as disqualifications or multiple directorships, which supports transparent governance.
• Small Company Filing Exemptions: The company benefits from small company reporting reliefs, reducing administrative burdens at this stage.

4. Due Diligence Notes:

• Investigate Business Model and Revenue Generation: The accounts do not show turnover or assets beyond director loans. Further inquiry into the company’s business plan, revenue pipeline, and capital raising plans is critical.
• Assess Director’s Financial Support Capacity: As the director’s loan is the sole creditor, understanding the director’s willingness and ability to support the company financially going forward is important.
• Monitor Future Filings and Financial Performance: Subsequent accounts and confirmation statements will reveal if the company remedies its negative equity position and begins trading successfully.