Company Number: 14174300

Analysis Date: 2025-07-20 15:08 UTC

1. Risk Rating: HIGH
   The company shows a significant negative net asset position (£-25,022) as at 31 March 2025, indicating insolvency. Current liabilities exceed current assets by £24,497, pointing to severe liquidity constraints.

2. Key Concerns:

• Solvency: The net liabilities position signals that the company does not have sufficient assets to cover its debts.
• Liquidity: The current liabilities of £25,470 vastly outweigh current assets of £973, indicating potential cash flow problems and inability to meet short-term obligations.
• Operational Stability: The company has no employees and minimal current assets, raising questions about ongoing operations and business viability.

3. Positive Indicators:

• The company is current with its filings, with no overdue accounts or confirmation statements, suggesting compliance with statutory requirements.
• Recent incorporation (June 2022) means limited historical data; the negative position may reflect early-stage investment or initial setup costs rather than long-term distress.
• Shareholders funds reflect a consistent recognition of equity value changes year-on-year, showing some accounting transparency.

4. Due Diligence Notes:

• Investigate the nature of current liabilities: Are these trade payables, loans, or related-party debts? Confirm repayment terms and any restructuring plans.
• Review cash flow statements and management commentary (if available) for underlying business activities and plans to restore solvency.
• Understand the business model and strategy given zero employees and the micro-entity status, to assess sustainability and operational risks.
• Confirm whether there are any contingent liabilities or off-balance-sheet obligations not disclosed in the micro-entity accounts.