Company Number: 15516835

Analysis Date: 2025-07-29 12:41 UTC

1. Risk Rating: MEDIUM
   Justification: The company is very newly incorporated (Feb 2024) with micro-entity financials. It shows a marginally negative net asset position (£-240) and current liabilities exceeding current assets by a small amount, indicating limited solvency buffer. However, no overdue filings or indications of financial distress currently exist.

2. Key Concerns:

• Negative net assets and net liabilities of £240 despite significant current assets suggest some outstanding creditor obligations or long-term liabilities slightly exceeding assets.
• Zero employees and no profit and loss information filed limit insight into operational activity and sustainability. The company may not yet have commenced trading or generated revenue.
• Control is concentrated with one individual and a holding company, which may heighten governance and succession risks.

3. Positive Indicators:

• The company is in active status with all filings up to date and no overdue accounts or confirmation statements.
• Current assets of approximately £493k provide a reasonable liquidity base for a micro-entity startup.
• Director and PSC information is transparent, with no indications of disqualifications or adverse regulatory issues.

4. Due Diligence Notes:

• Investigate the nature of the liabilities totaling £493,138 especially those due after more than one year, to understand solvency risks and creditor structure.
• Seek information on business activities, revenue generation, and plans for operational development since no employees or P&L data have been reported.
• Review the relationship and financial transactions between the company and Maxtrust Holdings Ltd to assess group structure and inter-company risk.