Company Number: 15218673

Analysis Date: 2025-07-20 14:40 UTC

1. Risk Rating: HIGH
   The company shows negative net assets and net current liabilities, indicating insolvency risks. Being a newly incorporated micro-entity with no employees and minimal current assets heightens operational and liquidity uncertainty.

2. Key Concerns:

• Negative net assets of £317 and net current liabilities of £27 at the latest year-end raise solvency concerns.
• No employees and limited financial data suggest the business may not yet be operational or generating revenue.
• Director turnover within the first year (one director resigned mid-2024) may indicate governance or stability issues.

3. Positive Indicators:

• The company is current with all filing requirements, including accounts and confirmation statements, indicating regulatory compliance to date.
• Shareholder control is clearly documented with two individuals holding significant control, suggesting transparency in ownership.
• Micro-entity status reduces administrative burden and filing costs, which may help in early-stage company management.

4. Due Diligence Notes:

• Investigate the reason for the director resignation shortly after incorporation and its impact on management continuity.
• Review business plan, cash flow forecasts, and funding arrangements to assess how obligations will be met given current net liabilities.
• Clarify nature and timing of operations since no employees and negligible assets/liabilities suggest minimal activity to date.