Company Number: 15006184

Analysis Date: 2025-07-20 14:58 UTC

1. Risk Rating: HIGH
   The company exhibits significant solvency risk with net liabilities of £2,024 and a large negative net working capital position (-£48,691). Despite being newly incorporated, the current liabilities far exceed current assets, indicating difficulties in meeting short-term obligations.

2. Key Concerns:

• Negative Net Current Assets: Current liabilities of £58,708 significantly exceed current assets of £10,017, signaling immediate liquidity issues.
• Net Liabilities Position: The company’s net liabilities position indicates an equity deficit, which raises concerns about its financial stability and ability to sustain operations without additional capital infusion.
• Short Operating History: Incorporated in July 2023 with only one financial period reported, there is limited operational history to assess business sustainability or revenue generation capability.

3. Positive Indicators:

• Tangible Asset Base: The company holds £84,061 in fixed tangible assets, including land, buildings, furniture, and vehicles, which may provide collateral value and support longer-term operations.
• No Overdue Filings: Both accounts and confirmation statement filings are up to date, indicating compliance with regulatory requirements and governance discipline.
• Significant Control Concentration: A single person (Helen Ann Renvoize) holds majority control and voting rights, potentially enabling decisive management actions and capital support if needed.

4. Due Diligence Notes:

• Investigate the nature and terms of the current liabilities, including whether they include short-term borrowings or trade creditors, and any repayment plans.
• Assess the company’s cash flow projections and working capital management to determine if liquidity will improve in the near term.
• Review the revenue generation model and customer contracts to evaluate operational sustainability and growth prospects.
• Clarify the depreciation policy and valuation approach for tangible assets to confirm their realizable value in stressed conditions.
• Understand the relationship between directors and any financial support or guarantees that may mitigate solvency risks.