Company Number: 13546324

Analysis Date: 2025-07-29 14:25 UTC

1. Risk Rating: HIGH
   The company shows persistent net liabilities exceeding £2,600 with no current assets beyond nominal cash balances. The dormant status and absence of employees suggest no active trading operations. This financial profile indicates a high risk of insolvency and inability to meet obligations without external support.

2. Key Concerns:

• Negative net assets of £2,636 consistently over the past three years imply ongoing financial distress and erosion of shareholder equity.
• Dormant account category with no trading activity or employees raises concerns about operational viability and revenue generation capacity.
• Current liabilities exceed current assets by a wide margin, indicating liquidity constraints and potential difficulties in settling short-term debts.

3. Positive Indicators:

• The company is compliant with filing deadlines for accounts and confirmation statements, demonstrating regulatory adherence.
• Single director and controlling shareholder provide clear accountability and decision-making structure.
• Registered office and active website domain indicate maintained corporate presence.

4. Due Diligence Notes:

• Investigate the nature of current liabilities—are these loans, trade creditors, or other obligations?
• Clarify the business model and plans for transitioning from dormant status to active operations.
• Review any contingent liabilities or off-balance sheet commitments not captured in the accounts.
• Assess director's plans or sources of funding to resolve the negative net asset position.