Company Number: 15163394

Analysis Date: 2025-07-20 18:45 UTC

1. Risk Rating: HIGH
   Justification: The company is newly incorporated (less than 1 year old) and has reported negative net assets (£-63), indicating solvency concerns. Current liabilities exceed current assets, resulting in negative net current assets (£-696), which suggests liquidity pressures. The business is micro-sized with minimal financial history, limiting operational stability assessment.

2. Key Concerns:

• Negative net assets and working capital deficit raise questions about the company’s ability to meet short-term and long-term obligations.
• Very limited operational history with only one employee and minimal fixed/current assets, increasing uncertainty on sustainability and revenue generation.
• Single director and sole shareholder concentration risk; no evidence of external governance or oversight.

3. Positive Indicators:

• Company filings (accounts and confirmation statements) are up to date, demonstrating compliance with statutory obligations.
• Business operates in a clear niche (bookkeeping activities) with a functional website and contact details, suggesting an established business model.
• Director has relevant occupation listed as bookkeeper, indicating domain expertise.

4. Due Diligence Notes:

• Review the company’s cash flow forecasts and working capital management plans to understand how they intend to resolve the current liquidity shortfall.
• Investigate the nature of current liabilities to determine if they are trade payables, director loans, or other short-term debts.
• Assess revenue streams and client base to evaluate operational stability and growth potential given limited financial history.
• Verify the background and financial standing of the sole director/shareholder to understand financial support capacity.
• Monitor future filings for improvements in net asset position and working capital.