Company Number: 15462554

Analysis Date: 2025-07-29 13:57 UTC

1. Risk Rating: HIGH
   Justification: The company is newly incorporated (Feb 2024) and has minimal financial activity with nominal assets (£70) and negative retained earnings (-£30). There is no evidence of ongoing operations or revenues. The financial position is very weak, with negligible working capital and shareholders' funds barely covering net assets. This indicates a high risk in meeting obligations and sustaining operations.

2. Key Concerns:

• Minimal Financial Substance: Current assets and net assets stand at only £70, which is extremely low for any operating business.
• Negative Retained Earnings: The profit and loss reserve is negative (-£30), suggesting initial losses or start-up costs exceeding income.
• Lack of Operational Data: No turnover or employee figures reported; the average employee number is zero, indicating no active business operations or revenue generation to date.

3. Positive Indicators:

• Compliance with Filings: Accounts and confirmation statement are filed on time, indicating regulatory compliance so far.
• Clear Ownership and Control: Single director and 100% shareholder control by Mr. Lukasz Durkacz, which may facilitate swift decision making.
• No Overdue Filings or Insolvency Status: Company is active, not under liquidation or administration, with no overdue filings reported.

4. Due Diligence Notes:

• Verify whether the company has commenced trading or generated any revenue post the reporting date.
• Investigate business plan and funding sources to assess sustainability and ability to meet future obligations.
• Review any off-balance sheet liabilities or commitments, including leases or supplier contracts, not reflected in accounts.
• Confirm absence of related party transactions or contingent liabilities that could impact solvency.