Company Number: 15087089

Analysis Date: 2025-07-29 19:50 UTC

1. Risk Rating: HIGH
   The company shows a significant net current liabilities position (£7,155) and negative net assets (£6,337) despite being newly incorporated. This indicates insolvency at the balance sheet date, raising concerns about its ability to meet obligations.

2. Key Concerns:

• Negative net assets and net current liabilities: The company’s liabilities exceed its current assets, highlighting solvency risk.
• Small scale and early stage: Incorporated less than a year ago with only three employees and minimal fixed assets, implying limited operational scale and financial buffer.
• Single shareholder/director control: One individual holds 75-100% share and voting rights, which may concentrate decision-making risk and limit governance oversight.

3. Positive Indicators:

• Up-to-date filings: No overdue accounts or confirmation statements, indicating compliance with statutory filing requirements.
• Clear industry focus: Engaged in driving school activities (SIC 85530), a defined service sector.
• Micro-entity status: Simplified reporting and presumably low overhead costs consistent with a start-up phase.

4. Due Diligence Notes:

• Investigate cash flow and liquidity management given the negative working capital and net asset position at first year-end.
• Assess the business plan and capital structure to understand how the company intends to rectify its solvency position.
• Review the director’s background and financial support arrangements, given sole control and early losses.
• Confirm revenue generation and customer base traction to evaluate operational sustainability.
• Monitor subsequent filings for improvement or continued financial stress.