Company Number: 14125294

Analysis Date: 2025-07-20 14:50 UTC

1. Risk Rating: HIGH
   The company shows significant solvency concerns with net liabilities of £12,989 and negative working capital, indicating an inability to meet its short-term obligations. The presence of substantial long-term creditors further exacerbates the financial risk.

2. Key Concerns:

• Negative Net Assets and Shareholders’ Funds: The company’s net liabilities position signals financial distress and potential insolvency risk.
• Negative Net Current Assets: Current liabilities exceed current assets by £5,514, suggesting liquidity issues and challenges in meeting immediate debts.
• No Employees and Micro-Entity Scale: Operating with no employees and as a micro entity may limit operational capacity and growth potential.

3. Positive Indicators:

• Timely Filing and Compliance: Accounts and confirmation statements are filed on time, indicating good regulatory compliance.
• Active Status and Ongoing Management: The company remains active with a current director in place, suggesting ongoing business operations.
• Experienced Control: Significant control is held by individuals with retail backgrounds, which aligns with the company’s SIC codes focused on retail sales.

4. Due Diligence Notes:

• Investigate the nature and terms of the long-term creditors totaling £33,774 to understand any restructuring or repayment plans.
• Review cash flow statements or bank statements (not available here) to assess liquidity beyond balance sheet snapshots.
• Clarify the business model and revenue generation mechanisms given the lack of employees and micro-entity status.
• Confirm whether there are any contingent liabilities or off-balance sheet obligations.
• Assess the reason for the director resignation in December 2023 and its impact on governance.