Company Number: 14292542

Analysis Date: 2025-07-29 16:51 UTC

1. Risk Rating: HIGH
   The company exhibits significant solvency risk, demonstrated by negative net assets of £121,603 and current liabilities exceeding current assets by £179,873 as of the latest accounts. The limited cash balance (£670) relative to short-term creditors further highlights liquidity constraints. The company’s financial position is precarious and may raise concerns regarding its ability to meet obligations.

2. Key Concerns:

• Negative Net Assets and Working Capital Deficit: The company’s liabilities exceed its assets, indicating insolvency on a balance sheet basis. This is a critical red flag for investors as it suggests potential inability to cover debts.
• High Director-Related Creditors and Debtors: Significant amounts are owed to and from directors (£111,000 creditor and £12,903 debtor), which could indicate reliance on related party financing rather than operational cash flow. This may affect financial stability and independence.
• Early Stage with Limited Financial History: Incorporated in 2022 and filing first accounts in 2023, there is limited financial history to assess operational performance or sustainability. The company has reported a loss of £121,703 in the first period, which increases uncertainty about future profitability.

3. Positive Indicators:

• Compliance with Filing Requirements: The company is current with its accounts and confirmation statement filings, indicating regulatory compliance and good governance in this respect.
• Experienced Management Team: Directors include professionals from diverse backgrounds with significant shareholdings and control, suggesting vested interest in company success.
• Tangible Assets Present: The company holds tangible fixed assets valued at £58,270, which provides some asset backing despite overall negative equity.

4. Due Diligence Notes:

• Investigate the nature and terms of the director-related balances to understand whether these are loans, advances, or other forms of financial support, including repayment plans.
• Review the company’s business model, revenue generation strategy, and cash flow forecasts to assess operational sustainability beyond the initial loss-making period.
• Confirm if there are any contingent liabilities or off-balance-sheet commitments not disclosed in the available accounts.
• Assess the reason behind the name change from THE FANATICS GROUP LTD to OAKHAM GROUP LIMITED and its implications on business continuity or restructuring.