Company Number: 13173626

Analysis Date: 2025-07-20 18:35 UTC

1. Risk Rating: MEDIUM

Justification: PEOPLEJAZZ LIMITED is a micro-entity with relatively modest current assets and liabilities, showing a decline in net assets from £94,832 in 2024 to £30,210 in 2025. The company has no employees and limited fixed assets, and its net current assets have decreased significantly, which could indicate liquidity constraints. However, there are no overdue filings or indications of insolvency proceedings, and the sole director holds significant control, suggesting stable governance but concentration risk.

2. Key Concerns:

• Declining Net Assets: The net assets fell sharply by approximately £64,622 between 2024 and 2025, which may reflect operational losses or increased liabilities, posing a solvency risk if the trend continues.
• Increased Current Liabilities: Current liabilities more than doubled from £28,861 in 2024 to £67,006 in 2025, which could pressure short-term liquidity and cash flow management.
• Lack of Employees and Fixed Assets: With zero employees and negligible fixed assets, the company’s operational capacity and sustainability might be limited, raising questions about the business model scalability and ongoing viability.

3. Positive Indicators:

• Compliance with Filing Requirements: The company’s accounts and confirmation statements are up to date with no overdue filings, indicating good regulatory compliance.
• Positive Net Current Assets: Despite the decline, the company maintains net current assets (£30,210), which suggests a buffer to cover short-term liabilities.
• Sole Director and PSC Alignment: The director and person with significant control are the same individual, reducing governance complexity and potential conflicts.

4. Due Diligence Notes:

• Investigate the cause of the significant decrease in net assets and increased current liabilities in the latest financial year, including reviewing profit and loss details and any unusual transactions.
• Assess the company’s business model, revenue streams, and cash flow projections to evaluate operational sustainability given the lack of employees and fixed assets.
• Confirm the financial support arrangements, if any, from the sole shareholder/director, including any loans or capital injections planned to support liquidity.
• Review any contingent liabilities or off-balance sheet commitments that could impact solvency.
• Consider the implications of the director’s residence (noted as Moldova) on governance, oversight, and potential operational risks.