Company Number: 14590317

Analysis Date: 2025-07-20 16:00 UTC

1. Risk Rating: HIGH
   The company exhibits high risk primarily due to its negative net current assets and shareholders’ funds shortly after incorporation, indicating potential solvency and liquidity challenges.

2. Key Concerns:

• Negative net current assets of £2,047 and shareholders’ funds of £2,147 suggest the company is undercapitalized and may struggle to meet short-term liabilities.
• Minimal cash balance (£537) relative to current liabilities (£2,584) raises liquidity concerns and potential cash flow difficulties.
• The company is newly incorporated (2023), with only one financial period reported, limiting the ability to assess operational performance and sustainability.

3. Positive Indicators:

• The company is compliant with filing deadlines for both accounts and confirmation statements, indicating good regulatory compliance so far.
• Directors and persons with significant control are clearly identified and appear to have no disclosed disqualifications or governance issues.
• Operating in the real estate letting sector (SIC 68209), which can provide steady rental income streams if managed effectively.

4. Due Diligence Notes:

• Investigate the nature of the current liabilities (£2,584) to understand if these are trade creditors, loans, or other obligations and their repayment terms.
• Clarify the initial capitalization and funding plan of the company given the negative equity position after the first reporting period.
• Review any business plans or projections from management on how the company intends to improve its financial position and achieve operational sustainability.
• Assess the background and financial standing of the directors, given their significant shareholding and operational control, to understand their capacity to support the business if needed.