Company Number: 13498717

Analysis Date: 2025-07-29 12:48 UTC

1. Risk Rating: MEDIUM
   The company shows a modest net liability position and current liabilities slightly exceeding current assets when considering long-term creditors, suggesting some solvency pressure. However, it remains active with no overdue filings or liquidation status.

2. Key Concerns:

• Net Liability Position: Shareholders’ funds are negative (£-19,891), indicating accumulated losses or funding below net asset levels, which may impair solvency.
• High Long-Term Creditors: Creditors falling due after more than one year (£2,151,461) are substantial relative to current assets, raising questions about long-term financing and repayment capacity.
• Limited Financial Disclosure and Auditing: Accounts are unaudited and prepared under micro-entity exemption, limiting insight into profitability and cash flows.

3. Positive Indicators:

• Current Asset Growth: Current assets increased significantly from £44 to over £2.1m year-on-year, indicating asset accumulation or investment possibly aligned with real estate development activities.
• No Overdue Filings: Both accounts and confirmation statements are up to date, reflecting regulatory compliance and good governance practices.
• Ownership and Control: Clear control by MB Living (Holdings) Limited and Mr Richard Moss provides transparency in ownership and management.

4. Due Diligence Notes:

• Investigate the nature of the long-term creditors and repayment terms to assess refinancing risks or potential covenant breaches.
• Review cash flow statements or management accounts to gauge liquidity beyond balance sheet snapshots.
• Clarify the reason for negative shareholders’ funds and whether capital injections or restructuring plans exist.
• Understand the business model and project pipeline under SIC 68100 to assess sustainability and revenue generation prospects.
• Confirm the absence of director disqualifications or compliance issues beyond Companies House filings.