Company Number: 15348599

Analysis Date: 2025-07-20 11:35 UTC

1. Risk Rating: HIGH
   Given the company's very recent incorporation (December 2023) and minimal financial data, the risk of insolvency and liquidity issues is elevated. The net current assets and net assets are effectively negligible (£16), indicating extremely limited financial buffer. The company shows a current liabilities amount nearly equal to current assets, suggesting tight liquidity.

2. Key Concerns:

• Minimal Financial Cushion: Net current assets of only £16 and net assets of £16 are insufficient to absorb any financial shocks or operational setbacks.
• Tax and Social Security Creditors: A significant portion (£3,002) of current liabilities relates to taxation and social security, which could lead to regulatory or cash flow pressure if not managed timely.
• Newly Incorporated with Limited Operating History: Incorporated less than 1.5 years ago, with no reported turnover or profitability, making it difficult to assess operational viability or sustainability.

3. Positive Indicators:

• No Overdue Filings: Accounts and confirmation statements are filed on time, indicating compliance with statutory obligations.
• Clear Ownership and Control: Single shareholder/director structure with full control by one individual may streamline decision-making.
• Small Company Reporting Exemption: Utilization of small company exemptions reduces administrative burden.

4. Due Diligence Notes:

• Verify the nature of the company's activities and business model given the SIC code 94990 (other membership organizations not elsewhere classified) which is quite broad and non-specific.
• Assess future funding plans or capital injections to mitigate the extremely limited equity base.
• Review the company's turnover and profit generation prospects, currently undisclosed in the accounts due to the small company regime.
• Investigate the status and payment plan for the tax and social security liabilities to avoid regulatory penalties.
• Confirm the experience and background of the sole director and shareholder to assess management capability.