Company Number: 13881021

Analysis Date: 2025-07-20 12:53 UTC

1. Risk Rating: HIGH
   The company exhibits significant solvency and liquidity risks due to persistent negative net assets, negative working capital, and substantial long-term liabilities exceeding total assets. These factors indicate potential challenges in meeting financial obligations.

2. Key Concerns:

• Negative Shareholders’ Funds: The company’s net assets remain negative (£-14,754 as of 31 January 2024), signaling accumulated losses or excess liabilities over assets.
• Negative Net Current Assets: The company shows a working capital deficit (£-48,104), which raises liquidity concerns regarding the ability to cover short-term liabilities.
• Significant Long-Term Liabilities: Creditors falling due after more than one year stand at £248,725, surpassing total fixed assets (£283,613), which may indicate heavy borrowing or obligations that could strain cash flows.

3. Positive Indicators:

• Active Status with Timely Filings: The company is active with no overdue accounts or confirmation statements, suggesting compliance with Companies House filing requirements.
• Stability in Fixed Assets: Fixed assets have remained relatively stable (£283,613 in 2024 versus £282,418 in prior years), indicating consistent investment or ownership of tangible assets.
• Single Director and PSC Alignment: One director who is also the sole person with significant control may facilitate streamlined decision-making.

4. Due Diligence Notes:

• Clarify Nature and Terms of Long-Term Liabilities: Investigate the composition and repayment terms of the £248,725 creditors due after more than one year to assess refinancing or default risk.
• Examine Cash Flow and Profit & Loss Details: Absence of profit and loss data limits assessment of operational performance; request full P&L accounts and cash flow statements.
• Review Business Model Viability: Given the negative equity and working capital, assess how the company plans to sustain operations and service its debts, including any external financial support or restructuring plans.
• Director’s Background and Related Party Transactions: Evaluate potential related party transactions given the director’s occupation as landlord, which may affect financials or risk profile.

Executive Summary:
My Room Ltd is a micro-entity real estate management company with persistent negative net assets and working capital deficits, indicating elevated financial risk. Despite compliance with filing obligations and stable fixed assets, the significant long-term liabilities and lack of profit information present concerns regarding liquidity and solvency. Further financial details and clarity on debt structure are critical for a comprehensive risk assessment.