Company Number: 12541733

Analysis Date: 2025-07-20 12:53 UTC

1. Risk Rating: MEDIUM
   The company shows a stable asset base with fixed assets around £218k and net assets positive but very low at approximately £4.3k. However, current liabilities and long-term creditors of £165k significantly exceed current assets, indicating potential liquidity stress and reliance on non-current funding sources.

2. Key Concerns:

• Liquidity mismatch: Current liabilities (£165k) far exceed current assets (£5.5k), resulting in negative net current assets (~-£48k), which poses short-term cash flow risk.
• Low net asset base: Shareholders’ funds remain minimal (~£4.3k), suggesting limited equity buffer against losses or financial shocks.
• No employees and minimal operating data: The absence of employees and limited financial disclosures restrict assessment of operational sustainability and revenue generation capacity.

3. Positive Indicators:

• Timely filings: Both accounts and confirmation statements are up to date with no overdue filings, indicating regulatory compliance and good governance practices.
• Established fixed asset base: The company holds significant fixed assets (£217.8k), presumably property given the SIC classification (real estate letting), which could support lending or provide collateral.
• Stable ownership and management: Directors and significant controllers have been consistent since incorporation, with no disqualifications or adverse records reported.

4. Due Diligence Notes:

• Review the nature and terms of the £165k creditors due after more than one year to understand repayment obligations and refinancing risk.
• Investigate cash flow statements or income data (not provided) to assess the company’s ability to service liabilities and generate operating cash flow.
• Confirm the condition and market value of fixed assets to evaluate asset quality and potential liquidity in distress scenarios.
• Clarify the absence of employees and whether the company is actively trading or primarily holding assets for rental/investment purposes.