Company Number: 14020805

Analysis Date: 2025-07-29 20:09 UTC

1. Risk Rating: HIGH
   The company exhibits increasing net current liabilities and a negative net asset position as of the latest financial year, indicating solvency concerns. The absence of current assets in 2025 and persistent working capital deficits suggest liquidity stress. The dormant company classification further raises questions about operational activity and sustainability.

2. Key Concerns:

• Negative Net Assets and Working Capital Deficit: The company's net assets deteriorated from a small positive amount (£33) in 2024 to a negative figure (£-602) in 2025, with net current liabilities increasing to £982, signaling potential insolvency risk.
• Zero Current Assets in Latest Year: The disappearance of current assets from £924 in 2024 to zero in 2025 creates severe liquidity concerns, implying inability to cover short-term liabilities.
• Dormant Company SIC Code: Classified as a dormant entity despite being active and incorporated in 2022, this discrepancy may indicate lack of meaningful trading activity, casting doubt on operational stability and revenue generation.

3. Positive Indicators:

• No Overdue Filings: Both accounts and confirmation statement filings are up to date, demonstrating compliance with statutory requirements.
• Single Shareholder with Full Control: The 100% ownership and directorship held by Miss Khadidiatou Diallo simplifies governance and decision-making processes.
• Micro-Entity Filing Status: Minimal reporting requirements reduce administrative burdens and costs.

4. Due Diligence Notes:

• Verify the nature of business activity given the dormant SIC code designation conflicting with active status.
• Investigate reasons behind the sudden drop to zero current assets in 2025 and assess cash flow management and creditor arrangements.
• Review any off-balance sheet liabilities or contingent liabilities not reflected in the accounts.
• Clarify future business plans or restructuring efforts aimed at restoring financial health.
• Confirm if the company is trading or remains effectively dormant despite active status.