Company Number: 14923220

Analysis Date: 2025-07-20 12:25 UTC

1. Risk Rating: HIGH
   The company exhibits a negative net asset position and significant net current liabilities, indicating solvency and liquidity risks despite its recent incorporation.

2. Key Concerns:

• Negative Net Assets: Shareholders’ funds and net assets are negative (£-2,788), signaling the company’s liabilities exceed its assets.
• Severe Working Capital Deficit: Current liabilities (£292,003) vastly exceed current assets (£1,531), resulting in a negative net current assets figure of £-290,472, which poses a significant liquidity risk.
• Lack of Operational Activity: The company reports zero employees and minimal current assets, suggesting limited business activity or insufficient cash flow generation at this stage.

3. Positive Indicators:

• Fixed Assets Investment: The company holds fixed assets valued at £288,084, which may represent tangible property assets aligned with its SIC code (buying and selling own real estate).
• Compliance Status: No overdue filings for accounts or confirmation statements, indicating regulatory compliance and good governance practices so far.
• Clear Ownership and Control Structure: Two directors and PSCs with defined shareholdings and voting rights provide transparency in management control.

4. Due Diligence Notes:

• Verify the nature and valuation of fixed assets to assess their liquidity and realizable value in case of financial distress.
• Investigate the composition and timing of current liabilities to understand any impending payment obligations or creditor pressures.
• Assess the business plan and cash flow projections to determine how the company intends to address its liquidity gap and move toward operational sustainability.
• Review the reasons for director resignation in May 2024 and any impact on governance or strategic direction.
• Confirm whether the company has any ongoing contractual commitments or contingent liabilities that may exacerbate financial risks.