Company Number: 13996977

Analysis Date: 2025-07-29 19:34 UTC

1. Risk Rating: HIGH
   The company exhibits significant solvency and liquidity concerns, with net liabilities worsening sharply in the latest financial year and current liabilities substantially exceeding current assets.

2. Key Concerns:

• Deteriorating Solvency: Net liabilities increased from -£4,780 in 2023 to -£8,577 in 2024, indicating growing financial distress and negative shareholders’ funds.
• Negative Working Capital: Current liabilities (£8,711) significantly exceed current assets (£359) as of August 2024, resulting in net current liabilities of -£8,352, which signals potential short-term liquidity problems.
• Limited Financial Transparency: As a micro-entity, the company has not filed a profit and loss account or an audit, limiting insight into operational performance and cash flow generation.

3. Positive Indicators:

• Compliance with Filings: The company is up to date with its accounts and confirmation statement filings, demonstrating regulatory compliance without overdue documents or penalties.
• Control Stability: The sole director and 100% shareholder, Jaroslaw Kwiatkowski, has maintained consistent control since incorporation, suggesting stable governance at the ownership level.
• Active Online Presence: The company maintains an active website, which may support ongoing business operations and client engagement.

4. Due Diligence Notes:

• Investigate the causes behind the sharp increase in liabilities and erosion of net assets during the latest financial year—specifically, if these relate to trading losses, loans, or other obligations.
• Assess the company’s cash flow situation and ability to meet short-term liabilities given the negative working capital and limited current assets.
• Request management accounts or internal financial reports to evaluate operational sustainability and future prospects, as micro-entity filings provide limited detail.
• Confirm the absence of any director disqualifications or compliance issues beyond the public record.
• Review the company’s business plan and client contracts to understand revenue streams and growth strategy in light of reported financial weaknesses.