Company Number: 14488435

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

1. Risk Rating: HIGH
   The company exhibits significant solvency and liquidity risks, with persistent negative net current assets and net liabilities over consecutive years, coupled with minimal current assets and no employees.

2. Key Concerns:

• Persistent negative net current assets and net liabilities: The company’s net current assets stand at -£85 and net liabilities at -£85 as of the latest financial year, indicating that current liabilities exceed current assets and overall liabilities exceed assets.
• Minimal cash and no receivables: Cash balances are extremely low (around £19-£20) and debtors are negligible or zero, raising concerns about the company’s ability to meet short-term obligations.
• Lack of operational scale and workforce: The company has reported zero employees during the period, which may question operational sustainability and revenue generation capacity.

3. Positive Indicators:

• Compliance with statutory filings: The company is active and up to date with both accounts and confirmation statement filings, with no overdue returns or penalties indicated.
• Single shareholder/director structure: The sole director and 100% shareholder is identified and actively involved, potentially facilitating streamlined decision-making.
• Exemption from audit: As a small company, it complies with regulatory requirements and has filed accounts accordingly without audit qualification.

4. Due Diligence Notes:

• Investigate the nature of the company’s business activities and revenue model given the absence of employees and minimal assets.
• Assess the source of funding and plans for improving liquidity and solvency, including any shareholder loans or external financing arrangements.
• Confirm whether the company’s liabilities include any significant contingent liabilities or overdue trade creditors.
• Review the director’s plans or strategy to address ongoing financial deficits and whether the company is a going concern.
• Verify the accuracy of financial data and consider the impact of related party transactions or any off-balance-sheet obligations.