Company Number: 14217902

Analysis Date: 2025-07-20 17:08 UTC

1. Risk Rating: HIGH
   The company shows negative net current assets and shareholders' funds, indicating a net liability position. The current liabilities exceed current assets, suggesting potential solvency and liquidity issues given the company's short operating history.

2. Key Concerns:

• Negative Net Current Assets: £(2,187) indicates inability to cover short-term liabilities with current assets.
• Negative Shareholders' Funds: £(2,287) signals accumulated losses or insufficient capital, undermining solvency.
• Reliance on Director Support: Financial statements prepared on a going concern basis assuming continued director and investor support, which may not be guaranteed.

3. Positive Indicators:

• Compliance: No overdue filings or accounts, demonstrating adherence to regulatory requirements.
• Industry Focus: Operating in development of building projects, a sector with potential growth if managed well.
• Simple Corporate Structure: Single director with majority control, allowing for straightforward decision-making.

4. Due Diligence Notes:

• Investigate nature and collectability of debtors (£30,039) and whether these are secured or related party loans.
• Clarify composition and terms of loans within current liabilities (£88,170 other loans) to assess repayment risk.
• Review director and shareholder commitments to provide further capital or loan support if needed.
• Assess cash flow forecasts and project pipeline to understand operational sustainability and timing of cash inflows.
• Confirm no director disqualifications or regulatory breaches given sole director status.