Company Number: 12615978

Analysis Date: 2025-07-19 12:55 UTC

1. Risk Rating: HIGH
   The company shows significant solvency and liquidity concerns with negative net current assets and net liabilities as of the latest financial year. The micro-entity scale and absence of employees further suggest limited operational capacity.

2. Key Concerns:

• Negative net current assets of £-124 and net liabilities of £-124 as of 31 May 2024, indicating an inability to meet short-term obligations without additional funding.
• No employees and minimal current assets (£11) highlight a lack of operational scale and possible dependence on external financing or director support.
• Share capital is nominal (£1), and shareholder funds are negative, raising questions about capital adequacy and financial buffer.

3. Positive Indicators:

• The company is current on filing requirements, with no overdue accounts or confirmation statements, suggesting compliance with statutory obligations.
• The director has maintained the company since incorporation with no indication of adverse governance issues or disqualification records.
• The company operates within the educational support services sector (SIC 85600), which can be stable if supported by relevant contracts or clients.

4. Due Diligence Notes:

• Investigate the nature and source of current liabilities (£135) and whether these are trade payables, director loans, or other short-term debts.
• Clarify the company’s business model, revenue streams, and plans to improve financial position given the negative net assets.
• Review any recent or upcoming funding injections, related party transactions, or director financial support to assess sustainability.
• Examine contracts or client relationships to evaluate the operational viability despite the absence of employees.
• Confirm no hidden contingent liabilities or legal claims that could exacerbate financial risk.