LLWM HOLDINGS LTD

Executive Summary

LLWM HOLDINGS LTD exhibits high financial risk due to negative net assets and an apparent liquidity shortfall as of October 2024. While statutory compliance is maintained, the company's solvency and operational sustainability are areas of concern for investors. Further detailed investigation into liabilities and management strategies is recommended to clarify the company's viability.

LLWM HOLDINGS LTD - Analysis Report

Company Number: 14400879

Analysis Date: 2025-07-29 12:50 UTC

1. Risk Rating: HIGH
   Justification: The company shows a significant deterioration in net assets from a positive £100 in 2023 to a negative £5,174 in 2024, indicating insolvency at the balance sheet date. Current liabilities exceed any reported current assets (which appear to be zero), suggesting liquidity issues and potential inability to meet short-term obligations.

2. Key Concerns:

• Negative net assets as of the latest accounts, indicating insolvency and solvency risk.
• Absence of fixed assets and likely minimal current assets, raising liquidity concerns.
• The company is very young (incorporated in late 2022) and operates in the artistic creation sector, which can be volatile; combined with financial weakness, operational sustainability is questionable.

3. Positive Indicators:

• No overdue filings for accounts or confirmation statements, indicating compliance with statutory reporting requirements.
• Shareholder and director control appear concentrated and transparent, simplifying governance oversight.
• Slight growth in employee numbers from 1 to 2, possibly reflecting some operational activity.

4. Due Diligence Notes:

• Investigate the nature and timing of the £5,174 current liabilities; are these trade payables, tax liabilities, or loans?
• Assess cash flow position and availability of any off-balance sheet assets or funding sources.
• Review management plans to address insolvency and turnaround strategy, including any creditor agreements or refinancing.
• Confirm the company's trading status and revenue generation given the negative equity.
• Evaluate director conduct and any related party transactions given the director’s significant control.