Company Number: 14673508

Analysis Date: 2025-07-29 18:13 UTC

1. Risk Rating: HIGH
   The company shows a negative net asset position and net current liabilities significantly exceeding current assets, indicating financial distress and potential insolvency risk at this early stage of trading.

2. Key Concerns:

• Negative net assets of £492 at year-end and net current liabilities of £140,592 indicate inability to meet short-term obligations from current assets.
• No employees and minimal trading history since incorporation in February 2023 limit operational track record and raise questions about business sustainability.
• The company operates in real estate letting, a capital-intensive sector, yet has limited fixed assets (£140,100) and negative working capital, implying possible undercapitalization.

3. Positive Indicators:

• The company is current with all statutory filing deadlines, showing compliance with Companies House requirements.
• Directors and persons of significant control are clearly identified with no red flags such as disqualifications noted.
• The micro-entity filing status limits disclosure but suits a small startup phase, reducing reporting burden.

4. Due Diligence Notes:

• Investigate the nature and terms of current liabilities (£176,857)—are these loans, trade payables, or other obligations?
• Review any related party transactions, particularly given directors also hold significant shareholdings and reside at the registered address.
• Assess the business model viability and cash flow projections to understand how the company plans to remedy working capital deficits and generate sustainable income.
• Confirm absence of director misconduct or adverse regulatory actions beyond public records.