Company Number: 14850358

Analysis Date: 2025-07-29 19:16 UTC

1. Risk Rating: HIGH
   Justification: The company has minimal net assets (£1) and current assets just barely exceeding current liabilities by £1. The entire current liability is largely owed to the sole director as an unsecured advance without repayment terms. This indicates very limited financial buffer and dependency on director funding, posing significant solvency and liquidity risk.

2. Key Concerns:

• Extremely low net assets and minimal working capital (£1), indicating fragile financial position.
• Director loan of £25,479 forms the primary liability, with no fixed repayment schedule or interest, reflecting reliance on informal financing.
• Only one employee (the director) and very recent incorporation (2023), no trading history or established operational track record.

3. Positive Indicators:

• Compliance with filing deadlines; both accounts and confirmation statement are filed on time without overdue notices.
• The director is also the majority shareholder and PSC, providing aligned control and decision-making.
• No indications of contingent liabilities, guarantees, or financial commitments beyond the director’s loan.

4. Due Diligence Notes:

• Investigate the business plan and pipeline to assess revenue generation potential and operational sustainability.
• Clarify the terms and security (if any) of the director’s loan and any plans for repayment or capitalization.
• Review any contractual arrangements or client engagements to gauge market traction in construction of domestic and commercial buildings.
• Monitor future filings for changes in asset base, liabilities, and cash flow to detect improvements or deterioration.