Company Number: 14807462

Analysis Date: 2025-07-20 15:57 UTC

1. Risk Rating: HIGH
   The company exhibits significant solvency and liquidity risks as evidenced by negative net current assets (£-48,268) and negative net assets (£-26,162) within its first year of operation. This indicates an inability to meet short-term liabilities with current assets, which is a material red flag for financial stability.

2. Key Concerns:

• Negative Working Capital: Current liabilities (£51,672) substantially exceed current assets (£3,404), suggesting cash flow constraints and potential liquidity issues.
• Negative Equity Position: Shareholders’ funds are negative, indicating that liabilities exceed total assets and the company is effectively insolvent on a balance sheet basis.
• Recent Name Change and Short Operating History: The company was incorporated in April 2023 and changed its name shortly after formation, which may warrant further investigation into the reasons for rebranding or restructuring so soon after incorporation.

3. Positive Indicators:

• Compliance with Filing Requirements: No overdue accounts or confirmation statements, indicating good regulatory compliance so far.
• Clear Ownership and Control: Single director and 75-100% ownership by Mr. Craig Pyrke Sampson, ensuring clear governance and accountability.
• Micro-entity Filing Status: This reduces administrative burdens and costs, potentially helping early-stage financial management.

4. Due Diligence Notes:

• Investigate sources of current liabilities and whether these are trade payables, loans, or other obligations.
• Review cash flow projections and any plans for capital injection to address the negative equity and liquidity shortfall.
• Clarify the reason behind the company’s name change from CPS Field Services Ltd shortly after incorporation.
• Assess the business model and contracts in place to understand operational sustainability given the negative net assets in the first year.
• Verify the director’s experience and financial backing to support the company through this initial loss-making phase.