Company Number: 12612651

Analysis Date: 2025-07-29 18:13 UTC

1. Risk Rating: HIGH

Justification: The company exhibits significant net liabilities and negative net current assets over recent years, indicating severe solvency and liquidity issues. The worsening financial position from 2021 through 2024, with net liabilities reaching £14,919 against very low current assets, signals an inability to meet short-term obligations.

2. Key Concerns:

• Persistent and growing net current liabilities (from -£5,576 in 2023 to -£14,919 in 2024), indicating cash flow difficulties and potential default risk.
• Negative shareholders’ funds and net assets, reflecting accumulated losses and erosion of equity.
• Micro-entity status with limited financial disclosure, making it difficult to assess operational sustainability or revenue generation.

3. Positive Indicators:

• The company is compliant with filing deadlines for accounts and confirmation statements, reflecting good regulatory adherence.
• Single director is consistent and traceable, with no adverse records noted.
• The company is small with minimal employees, potentially allowing for low overhead costs.

4. Due Diligence Notes:

• Investigate the nature and terms of current liabilities to assess urgency and any contingent liabilities.
• Review management accounts or cash flow forecasts to understand operational sustainability and plans to return to profitability.
• Confirm the absence of director disqualifications or adverse governance issues beyond public records.
• Understand the business model under SIC code 96040 (physical well-being activities) and market positioning.
• Assess any related party transactions or loans from director or shareholders.