Company Number: 14705706

Analysis Date: 2025-07-29 20:20 UTC

1. Risk Rating: HIGH
   Justification: The company, incorporated less than two years ago, shows negative net assets (£-540) and net current liabilities (£-787), indicating it is insolvent on a balance sheet basis at the latest reporting date. The micro-entity scale and sole director structure increase operational risk due to limited resources and potential governance constraints.

2. Key Concerns:

• Negative net assets and working capital shortfall, suggesting inability to meet near-term liabilities from current assets.
• Company is very early in its lifecycle (incorporated March 2023), so lacks established trading history or financial resilience.
• Single director and member with full control may limit oversight and raise governance concerns for external investors.

3. Positive Indicators:

• Compliance with filing deadlines for accounts and confirmation statement, indicating regulatory adherence so far.
• Business classified under "Other human health activities" (SIC 86900), a sector with potential demand for therapy services.
• Micro-entity exemption from audit reduces administrative burden for this small-scale operation.

4. Due Diligence Notes:

• Investigate the nature and terms of current liabilities (£1,012) to assess urgency and creditor risk.
• Clarify business model, revenue streams, and cash flow projections to evaluate operational sustainability.
• Review director’s plans for capital infusion or restructuring to address negative equity and working capital deficit.