Company Number: 15351250

Analysis Date: 2025-07-20 15:57 UTC

1. Risk Rating: HIGH
   The company exhibits significant solvency concerns as evidenced by net liabilities of £5,349 within its first financial year. The creditors due after more than one year totaling £7,014 exceed the company’s current and fixed assets combined, indicating a negative net asset position and a potential inability to meet long-term obligations.

2. Key Concerns:

• Negative Net Assets: The company’s net liabilities position (-£5,349) signals that liabilities outweigh assets, raising questions about financial stability.
• High Long-Term Creditors: £7,014 of creditors falling due after more than one year compared to minimal assets suggests over-reliance on debt financing or deferred liabilities that may pressure future cash flows.
• Limited Capital Base: Share capital is nominal (£3.00), and the company is newly incorporated (December 2023), which may constrain operational resilience and restrict access to additional funding.

3. Positive Indicators:

• Compliance and Timely Filing: No overdue filings or accounts, showing good regulatory compliance and governance in terms of statutory requirements.
• Clear Management Structure: Two directors with full control and voting rights, which may facilitate streamlined decision-making.
• Micro Entity Reporting: Utilization of micro-entity accounting standards reduces administrative burden and reflects the company’s small scale and potentially limited complexity.

4. Due Diligence Notes:

• Investigate the nature and terms of the £7,014 long-term creditors to understand repayment obligations and impact on liquidity and solvency.
• Review cash flow statements (if available) or bank statements to assess liquidity position beyond balance sheet figures, especially given the low current assets (£900).
• Understand the business model under SIC codes 98000 (residents property management), 77400 (leasing of intellectual property), and 74909 (other professional activities) to evaluate revenue streams and operational sustainability.
• Confirm the relationship between the directors and PSCs, given both are named as controllers and residents in England, to assess governance and potential related-party transactions.
• Monitor future filings for profitability trends and changes in capital structure as the company matures.