Company Number: 15128568

Analysis Date: 2025-07-29 12:08 UTC

1. Risk Rating: HIGH
   The company shows significant negative net assets and working capital, indicating an immediate solvency risk. Its very recent incorporation and minimal financial activity compound concerns about operational viability.

2. Key Concerns:

• Negative Net Assets: The balance sheet shows net liabilities of £4,590 as of 30 September 2024, implying the company’s liabilities exceed its assets.
• Negative Net Current Assets: Current liabilities (£5,824) exceed current assets (£1,234), highlighting liquidity constraints and potential cash flow difficulties.
• No Operating History or Employees: Incorporated in September 2023 with zero employees and minimal reported assets suggests the company is in a start-up phase without established revenue streams or operational stability.

3. Positive Indicators:

• Compliance with Filings: The company has filed accounts and confirmation statements on time, indicating adherence to regulatory requirements.
• Clear Ownership and Control: One director and sole shareholder with full control may facilitate decisive management actions and streamlined governance.
• Active Website and Contact Information: Presence of an active website and multiple contact emails suggests some operational intent and customer engagement infrastructure.

4. Due Diligence Notes:

• Clarify Nature of Current Liabilities: Investigate the composition and maturity of the £5,824 current liabilities to assess immediate payment obligations and any related party transactions.
• Business Model and Revenue Generation: Seek detailed business plans or contracts to understand how the company intends to generate revenue and achieve positive cash flow.
• Director and Financial Support: Confirm whether the sole director has committed additional funding or guarantees to support the company through its early loss-making period.