Company Number: 14416850

Analysis Date: 2025-07-29 18:57 UTC

1. Risk Rating: HIGH
   The company exhibits significant solvency risk due to negative net assets (£-28,982) and a substantial working capital deficit (net current liabilities of £292,463) relative to its fixed assets of £263,481. These figures suggest that the company does not currently have sufficient liquid resources or overall asset coverage to meet its short-term or total liabilities.

2. Key Concerns:

• Negative Net Assets and Shareholders’ Funds: The company’s equity is negative, indicating it is technically insolvent on a balance sheet basis.
• Working Capital Deficit: Current liabilities exceed current assets by nearly £292k, implying liquidity pressure and potential difficulty meeting short-term obligations.
• Very Limited Share Capital: The company has only £2 in called-up share capital, which is minimal and provides little buffer against losses or liabilities.

3. Positive Indicators:

• Ownership of Tangible Fixed Assets: The company holds property assets valued at £263,481, which could potentially be leveraged or sold to improve liquidity or solvency.
• No Overdue Filings: Accounts and confirmation statements are up to date, indicating compliance with statutory filing requirements and no immediate regulatory concerns.
• Stable Director and Control Structure: Single director holds control with no indications of disqualifications or governance issues in the data provided.

4. Due Diligence Notes:

• Investigate the nature and terms of the £292,310 “other creditors” to assess urgency and risk of repayment demands.
• Review cash flow statements and management accounts to understand ongoing liquidity and operational cash generation.
• Clarify business model and revenue streams to evaluate sustainability, as turnover and profit/loss data are not provided here.
• Confirm any contingent liabilities or related party transactions that may impact financial stability.
• Assess the marketability and encumbrance status of the tangible fixed asset (land/property) to estimate realizable value.