Company Number: 14628683

Analysis Date: 2025-07-29 15:40 UTC

1. Risk Rating: HIGH
   The company shows net liabilities and negative shareholders’ funds shortly after incorporation, indicating solvency concerns. Current liabilities exceed current assets, reflecting liquidity stress.

2. Key Concerns:

• Negative Net Assets: Shareholders’ funds stand at -£1,474, suggesting the company is insolvent on a balance sheet basis.
• Working Capital Deficit: Current liabilities (£101,576) exceed current assets (£100,002), resulting in a net current liability position of £1,574. This could impair the company’s ability to meet short-term obligations.
• Lack of Profit & Loss Information: The directors have chosen not to include a profit and loss account, limiting insight into operational profitability and cash flows.

3. Positive Indicators:

• Compliance with Filings: Accounts and confirmation statement are up to date with no overdue filings, indicating regulatory compliance.
• Micro Entity Status: The company benefits from simplified reporting requirements, reducing administrative burden.
• Directors’ Stability: Both directors have been in post since incorporation and appear to have a stable controlling interest, which could support consistent management.

4. Due Diligence Notes:

• Investigate the nature and timing of current liabilities – are these trade creditors, loans, or intercompany balances?
• Obtain or request management accounts or cash flow forecasts to assess ongoing liquidity and operational sustainability.
• Clarify the absence of profit and loss information and seek explanations regarding the company’s business model and revenue generation.
• Review any related party transactions given the directors’ shared control and address potential financial support arrangements.