NEON JELLY LIMITED

Executive Summary

NEON JELLY LIMITED, a micro-entity real estate operator incorporated in 2023, presents a high risk profile due to minimal net equity and significant creditor funding. The company’s negative working capital and lack of employees raise concerns regarding liquidity and operational viability. While statutory filings are current and asset holdings appear substantive, further investigation into creditor terms and business operations is essential to assess financial stability.

NEON JELLY LIMITED - Analysis Report

Company Number: 14718010

Analysis Date: 2025-07-29 19:11 UTC

1. Risk Rating: HIGH
   Justification: The company shows a critically weak equity position with net assets of only £4 against significant fixed assets (£188,938) funded almost entirely by long-term creditors (£114,989). The negative net current assets (-£73,945) indicate liquidity stress, and zero employees suggest very limited operational activity or scale.

2. Key Concerns:

• Solvency risk: The company’s net assets are negligible (£4) and it has long-term liabilities nearly equal to fixed assets, implying heavy reliance on creditor funding and minimal equity cushion.
• Liquidity concerns: Current liabilities (£80,863) substantially exceed current assets (£6,918), resulting in negative working capital (-£73,945), which may impair the company’s ability to meet short-term obligations.
• Operational stability: No employees and minimal share capital (£4) raise questions about operational capacity and sustainability of business activities, especially as a real estate operator.

3. Positive Indicators:

• Timely filings: The company is up to date with both accounts and confirmation statement submissions, indicating compliance with statutory requirements.
• Clear ownership and governance: Majority control is transparent, with an active director also a significant controller, which may facilitate decisive management.
• Asset base: Ownership of fixed assets valued at £188,938 could provide some collateral value if managed properly.

4. Due Diligence Notes:

• Investigate the nature and terms of the long-term creditors (£114,989) to assess repayment schedules, interest obligations, and covenant risks.
• Clarify the source of fixed assets and verify their valuation and liquidity (e.g., property ownership, leases).
• Explore the business model and planned operational strategy given zero employees and minimal equity to understand sustainability and revenue generation.
• Review any related party transactions or guarantees given the ownership structure involving Flora Moody Limited.
• Confirm absence of director disqualifications or adverse regulatory actions.