Company Number: 14583229

Analysis Date: 2025-07-29 20:25 UTC

1. Risk Rating: HIGH
   The company exhibits a high risk profile primarily due to ongoing negative net current assets, minimal equity base, and lack of liquidity, which raise concerns about its ability to meet short-term obligations.

2. Key Concerns:

• Negative Net Current Assets: The company has net current liabilities of £10,278 as of January 2025, indicating potential liquidity issues and inability to cover short-term debts with current assets.
• Minimal Shareholders’ Funds: Equity stands at a nominal £32, down from £222 the previous year, reflecting limited financial buffer or retained earnings to absorb losses or support operations.
• Very Limited Operational Scale: Only one employee on average and micro-entity filing status suggest a very small-scale operation, potentially vulnerable to market or operational shocks.

3. Positive Indicators:

• Timely Filing Compliance: Both accounts and confirmation statements are current and not overdue, indicating good regulatory compliance and governance discipline.
• Sole Director and PSC Stability: The same individual (Jason Trim) is both director and 75-100% shareholder, ensuring centralized control which may facilitate swift decision-making and strategy execution.
• No Indication of Insolvency Procedures: The company is active and not in liquidation, administration, or receivership, which suggests it is currently continuing as a going concern.

4. Due Diligence Notes:

• Investigate the causes behind persistent negative working capital and whether this stems from operational cash flow deficits or timing differences in payables/receivables.
• Review detailed cash flow statements and bank facilities to assess liquidity management and potential reliance on director loans or external funding.
• Assess the business model’s sustainability given the very small scale and minimal assets, including customer base and contract pipeline, to determine prospects for growth or stabilization.