Company Number: 14679052

Analysis Date: 2025-07-29 12:35 UTC

1. Risk Rating: HIGH
   The company shows negative net assets and net current assets, indicating an inability to meet short-term liabilities with current assets. Being a newly incorporated entity with only one financial year of data and a negative equity position adds to solvency concerns.

2. Key Concerns:

• Negative net current assets of £18,828 imply liquidity issues and potential cash flow difficulties.
• Net liabilities of £18,827 indicate the company is insolvent on a balance sheet basis at the reporting date.
• The business is very young (incorporated less than two years ago) and has no audit, limiting visibility into operational and financial stability.

3. Positive Indicators:

• The company is compliant with filing deadlines for accounts and confirmation statements, indicating good regulatory governance.
• The sole director and significant controller is clearly identified with no adverse records, suggesting transparent management.
• The company operates in the public house and bar sector, a potentially stable consumer-facing industry if managed well.

4. Due Diligence Notes:

• Investigate the nature of current liabilities to assess if they are trade payables, loans, or other obligations and their payment terms.
• Understand the company’s business model, revenue generation, and plans to improve liquidity and solvency, especially as a micro entity.
• Review cash flow statements, if available, and any management commentary on going concern and funding sources.
• Consider background checks on director Stephen Orr regarding prior business experience and financial standing.
• Confirm whether any related party transactions or off-balance sheet liabilities exist despite the footnote stating none.