Company Number: 14457872

Analysis Date: 2025-07-29 12:58 UTC

1. Risk Rating: HIGH
   The company shows significant financial distress with net liabilities of £129,218 against very minimal current assets (£2 cash). Such a balance sheet position indicates an inability to meet short-term obligations, posing a high solvency risk.

2. Key Concerns:

• Severe Negative Net Assets: Shareholders' funds are deeply negative (£-129,218), indicating accumulated losses or liabilities far exceeding company assets.
• Current Liabilities Exceed Assets by Large Margin: Current liabilities are £129,220 with almost no current assets, signaling acute liquidity problems and likely cash flow constraints.
• No Recorded Turnover or Employees: The accounts report no turnover and zero employees, which raises questions about operational activity and sustainability.

3. Positive Indicators:

• Compliance with Filing Requirements: The company is up to date with both accounts and confirmation statement filings, reflecting regulatory compliance and no immediate governance red flags.
• Clear Director Appointments: Four directors are appointed and active since incorporation, potentially indicating stable leadership structure.
• Small Company Reporting: The company benefits from the small companies regime, which may reduce administrative burdens during early development stages.

4. Due Diligence Notes:

• Investigate Nature and Origin of Creditors: Understand what constitutes the £129k current liabilities—are these trade payables, loans, or related party debts?
• Review Business Model and Revenue Plans: Since no turnover is recorded, assess the company’s business activities, plans for revenue generation, and client pipeline.
• Assess Directors’ Financial Support: Determine whether the directors intend to inject further capital or have provided personal guarantees.
• Clarify Operational Status: Confirm if the company is trading or dormant despite being active on record, and if any assets or contracts exist.
• Monitor Future Financial Statements: Given the negative equity, review next filings closely for signs of improvement or further deterioration.