Company Number: 14311405

Analysis Date: 2025-07-29 20:32 UTC

1. Risk Rating: HIGH
   The company shows persistent net liabilities and negative net current assets over the past three years, indicating solvency issues. The company is a micro-entity with minimal current assets relative to its liabilities, raising concerns about its ability to meet short-term obligations.

2. Key Concerns:

• Negative Net Assets & Liabilities: Net assets remain negative (£-719 as of 2024), though improved from prior years (£-5,288 in 2023 and 2022), indicating ongoing financial distress.
• Negative Working Capital: Current liabilities exceed current assets consistently, with net current liabilities of £719 in 2024, suggesting liquidity constraints.
• Minimal Scale & Revenue Data: Being a micro-entity with just one employee and minimal asset base limits operational scale and resilience. The absence of a profit and loss account filing restricts visibility on operational profitability or cash flow generation.

3. Positive Indicators:

• Improvement in Net Position: The reduction in net liabilities from £-5,288 to £-719 signals some financial stabilization or capital injection.
• Compliance with Filing Requirements: Accounts and confirmation statements are up to date and not overdue, indicating good regulatory compliance.
• Small Headcount: Low employee count limits fixed overhead costs, which could aid survival during low revenue periods.

4. Due Diligence Notes:

• Investigate the source of improvement in net assets—whether due to shareholder funding, asset sales, or operational profits.
• Review management plans and cash flow forecasts to assess the company’s ability to return to positive working capital and solvency.
• Obtain and analyze the profit and loss account and cash flow statements directly from the company to understand revenue, margins, and liquidity trends.
• Assess the directors’ background and any potential contingent liabilities or related party transactions.
• Confirm no adverse events such as director disqualifications or regulatory actions are present.