Company Number: 14356538

Analysis Date: 2025-07-29 12:24 UTC

1. Risk Rating: HIGH
   The company shows extremely limited net assets (£54) as at 30 September 2024, a drastic decline from negative net assets of (£2,358) in 2023 but still at a critically low level. The minimal working capital and negligible equity raise concerns about its capacity to meet obligations. The micro-entity scale and very limited financial resources indicate high solvency risk.

2. Key Concerns:

• Minimal Net Assets and Working Capital: Net assets of only £54 and net current assets of £54 provide an insufficient buffer for liabilities or unforeseen expenses.
• Limited Financial Scale and Activity: As a micro-entity with only one employee and current assets of £1,275, the company appears to have very limited operational scale or cash flow capacity.
• Concentration of Control and Management: The sole director and 75-100% owner is the same individual, posing governance and continuity risks should that person become unavailable or disengaged.

3. Positive Indicators:

• Up-to-Date Filing and Compliance: The company is current with its accounts and confirmation statement filings, indicating compliance with statutory requirements.
• Improvement from Prior Year: The net asset position improved from negative £2,358 to positive £54, suggesting some progress in financial stability.
• No Indications of Insolvency Proceedings: The company is active and not under liquidation, administration, or receivership.

4. Due Diligence Notes:

• Investigate the nature and source of current assets (£1,275) and the composition of current liabilities (£1,221) to assess liquidity quality.
• Review cash flow statements or management accounts if available to determine operational cash generation or reliance on owner funding.
• Understand the business model and revenue streams given the SIC codes for business support and management consultancy activities, which typically require some working capital and client base.
• Assess any contingent liabilities or off-balance sheet risks that may not appear in micro-entity accounts.
• Confirm the director’s plans for scaling or stabilizing the business given the concentrated ownership and minimal financial base.