Company Number: 13047933

Analysis Date: 2025-07-20 16:17 UTC

1. Risk Rating: HIGH
   The company exhibits significant solvency and liquidity risks, demonstrated by persistent and growing net current liabilities and negative net assets. Reliance on director advances to cover liabilities raises concerns about financial sustainability.

2. Key Concerns:

• Negative Net Assets and Working Capital Deficiency: Net current liabilities increased from £4,933 in 2022 to £19,782 in 2023, indicating worsening liquidity and inability to cover short-term obligations.
• Director Loan as Primary Liability: The company owes £22,810 to the director, suggesting funding is dependent on director support rather than operational cash flow or external financing.
• Minimal Share Capital and Limited Financial Resources: Share capital remains at £1.00, with no indication of substantial equity injection or profitability to improve financial position.

3. Positive Indicators:

• No Overdue Filings: Both accounts and confirmation statement are filed on time, indicating compliance with statutory requirements and good governance on reporting.
• Active Status and No Insolvency Proceedings: The company remains active and is not in liquidation, administration, or receivership.
• Clear Control Structure: Ownership and control are transparent, with a single director and a controlling entity, which may facilitate swift decision-making.

4. Due Diligence Notes:

• Investigate the nature and terms of the director’s loan, including repayment plans and any formal agreements.
• Examine the company’s revenue streams, profitability, and cash flow projections to assess operational viability.
• Review any contingent liabilities or off-balance sheet obligations not disclosed in the accounts.
• Evaluate market position and competitive landscape within the wholesale dairy products sector to determine prospects for recovery or growth.