Company Number: 14522643

Analysis Date: 2025-07-29 15:40 UTC

1. Risk Rating: HIGH
   The company exhibits significant solvency concerns with negative net assets and shareholders' funds, indicating liabilities exceed assets. The absence of employees and minimal current assets relative to liabilities further exacerbate liquidity risks. The company is very young and has negligible operational history, limiting evidence of sustainable business activities.

2. Key Concerns:

• Negative net assets of £3,348 and total liabilities exceeding current assets, reflecting solvency risk.
• Minimal current assets (£669) against current liabilities (£2,061), suggesting poor liquidity to meet short-term obligations.
• No employees and no profit and loss account filed, indicating limited operational activity and uncertain revenue generation.

3. Positive Indicators:

• The company is compliant with statutory filing deadlines, with no overdue accounts or confirmation statements.
• The director has formally authorised the financial statements, showing governance adherence.
• The company is categorized as micro-entity, which may imply lower operational scale and potentially manageable overheads.

4. Due Diligence Notes:

• Investigate the nature of liabilities and provisions (£636) to understand creditor exposure and potential contingent liabilities.
• Clarify the company’s business model and revenue streams, given the absence of staff and lack of P&L disclosure.
• Review the capital structure and shareholder funding, especially given the multiple PSCs with overlapping control notifications, to assess financial support and governance dynamics.
• Verify the reasons for recent name changes and whether they reflect business restructuring or other concerns.