Company Number: 14334617

Analysis Date: 2025-07-20 13:21 UTC

1. Risk Rating: HIGH

The company exhibits significant solvency and liquidity concerns as evidenced by negative net current assets and shareholders’ funds. The short operating history and limited financial data amplify the risk profile.

2. Key Concerns:

• Negative Working Capital and Net Assets: As of 30 June 2024, net current assets are negative at £(9,706) and shareholders’ funds stand at £(8,702), indicating liabilities exceed assets and potential insolvency risk.
• Minimal Cash Balances: Cash on hand is very low (£1,969), which is insufficient to cover current liabilities of £11,675, suggesting liquidity stress.
• Lack of Profit and Limited Operational History: Incorporated in September 2022, the company has only two years of financial data with negligible equity and no reported profits, raising concerns about operational sustainability.

3. Positive Indicators:

• No Overdue Filings: The company is up to date with both accounts and confirmation statement filings, indicating compliance with regulatory requirements.
• Single Director with Full Control: Mrs Linda Mary Taylor holds 75-100% of shares and voting rights, which may facilitate agile decision-making.
• Tangible Assets Present: Computer equipment valued at £1,005 provides some fixed asset base, although limited.

4. Due Diligence Notes:

• Clarify Nature of Current Liabilities: Investigate the composition of the £11,675 creditors to assess if these are trade payables, loans, or other obligations.
• Review Cash Flow Statements and Profit & Loss Data: Since these are not provided, obtaining detailed income and cash flow statements is crucial to understand operational performance and funding needs.
• Assess Director and Related Party Transactions: Given the single director ownership structure, scrutiny of any related party transactions or personal financial support is recommended.
• Evaluate Business Model Viability and Market Position: Confirm the company’s strategy and potential to generate sustainable revenue in the real estate agency sector.