Company Number: 15425171

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

1. Risk Rating: MEDIUM

Justification: Nanatchock Limited is a very recently incorporated private limited company with limited operational history and unaudited financial statements. The company shows a net liability position at the balance sheet date due primarily to a £49,000 interest-free loan from its parent company repayable in 2034. While the long-term loan structure reduces immediate solvency pressure, the negative net asset position and absence of trading profits or cash generation to date indicate moderate financial risk for investors.

2. Key Concerns:

• Negative net assets of £4,586 at year-end, indicating a deficit in equity and potential solvency concerns if losses continue.
• Reliance on an interest-free related party loan of £49,000, which while long-term, creates a material financial obligation with no immediate repayment capacity shown.
• No employees or director remuneration, and minimal revenues or receivables (£82 debtors), suggesting nascent operational activity and uncertain sustainability.

3. Positive Indicators:

• The company is compliant with filing requirements, with no overdue accounts or confirmation statements.
• The loan from the parent company has a long maturity (due 2034) and no interest, which provides financial flexibility in the short to medium term.
• Directors have acknowledged their responsibilities and have prepared financial statements under applicable UK accounting standards (FRS 102 Section 1A).

4. Due Diligence Notes:

• Investigate the business plan and expected revenue streams to assess operational viability and future profitability.
• Clarify the terms and support mechanisms related to the parent company loan, including any covenants or potential for further funding.
• Monitor the director and shareholder intentions regarding capitalization, especially plans to address the negative equity position.