Company Number: 13147431

Analysis Date: 2025-07-20 13:41 UTC

1. Risk Rating: HIGH
   The company exhibits significant solvency and liquidity risks. Its current liabilities are extraordinarily high (£375,000) compared to minimal cash reserves (~£2,200) and very low net assets (£872), indicating an inability to meet short-term obligations without additional financing.

2. Key Concerns:

• Liquidity Deficit: Negative net current assets (~-£155,700) demonstrate that current liabilities far exceed current assets, highlighting cash flow distress.
• High Level of Debt: The company carries substantial long-term liabilities (£375,000) relative to its asset base, which could impair its financial flexibility.
• Minimal Equity and Operating Scale: Share capital is nominal (£1), net assets are negligible, and there are no employees, suggesting limited operational activity or capacity to generate revenue.

3. Positive Indicators:

• Stable Fixed Asset Base: Tangible fixed assets remain consistent at £531,600, which may represent real estate holdings underpinning the business.
• Timely Filing Compliance: Accounts and confirmation statements are up to date with no overdue filings, indicating adherence to regulatory requirements.
• Consistent Director and Ownership: A single director with a stable appointment since incorporation reduces governance complexity.

4. Due Diligence Notes:

• Nature and Terms of Liabilities: Investigate creditor composition and repayment schedules to assess risk of default or restructuring needs.
• Revenue and Cash Flow Generation: Obtain detailed income statements and cash flow data to understand operational sustainability since no employees are reported.
• Valuation and Legal Status of Fixed Assets: Verify the market value, ownership status, and any encumbrances on the property assets reported.
• Director’s Strategy and Plans: Clarify business model viability, funding sources, and plans to address liquidity shortfalls.