Company Number: 14597350

Analysis Date: 2025-07-29 13:05 UTC

1. Risk Rating: HIGH
   Justification: The company, NFC Bathrooms Limited, shows negative net current assets (-£6,162) and negative shareholders’ funds (-£6,162) within its first financial year, indicating insolvency concerns. As a newly incorporated micro-entity with only one employee and no audit, financial robustness and operational scale appear minimal.

2. Key Concerns:

• Negative net current assets and shareholders’ funds suggest inability to cover short-term liabilities, raising solvency risk.
• Very limited financial history and lack of profitability data restrict insight into operational sustainability.
• Sole director and 100% owner concentration could imply governance risks and lack of checks and balances.

3. Positive Indicators:

• Company is active and compliant with filing deadlines; no overdue accounts or confirmation statements.
• Director has acknowledged responsibility and accounts prepared under micro-entity provisions, indicating adherence to statutory requirements.
• Operating in a defined niche (plumbing, heat and air-conditioning installation) which can be viable with proper management.

4. Due Diligence Notes:

• Investigate the nature and source of current liabilities (£6,162) and any plans for financing or operational cash flow to cover these.
• Assess director’s business plan, capital injection plans, or pipeline of contracts to understand viability beyond initial losses.
• Confirm absence of any disputes, contingent liabilities, or related party loans that might not be disclosed in these early accounts.
• Monitor future filings for improvement in net assets and profitability trends.