Company Number: SC769289

Analysis Date: 2025-07-29 12:26 UTC

1. Risk Rating: HIGH
   The company exhibits significant solvency risk with net liabilities of £3,674 as at 5 April 2024, indicating it is currently unable to meet its obligations from available assets. Negative net current assets and shareholders' funds underline financial distress at an early stage of trading.

2. Key Concerns:

• Negative net current assets (£-3,674) and net liabilities suggest potential inability to cover short-term liabilities.
• No employees other than the director; very limited operational scale and potential resource constraints.
• Company is newly incorporated (May 2023) and already reporting net liabilities, indicating early financial difficulties and uncertain sustainability.

3. Positive Indicators:

• The company is compliant with statutory filing deadlines (accounts and confirmation statement not overdue).
• Sole director and 100% owner is actively involved, potentially allowing for agile decision-making.
• Clear business focus on eating disorder recovery coaching with an active website presence, indicating some market engagement.

4. Due Diligence Notes:

• Investigate nature and timing of creditors (£5,502) to understand repayment schedule and risk of default.
• Review cash flow projections and funding plans to assess how the company intends to address current negative net assets.
• Examine business model viability given no employees and initial financial losses; understand revenue streams and client acquisition strategy.
• Verify director’s financial backing or external financing arrangements supporting ongoing operations.
• Confirm absence of any regulatory or compliance issues beyond standard filings.