Company Number: 13110031

Analysis Date: 2025-07-20 14:00 UTC

1. Risk Rating: HIGH
   The company exhibits negative net assets and net current assets as of the latest financial year, indicating insolvency risks. The liabilities exceed assets by a significant margin, suggesting potential difficulties in meeting obligations.

2. Key Concerns:

• Negative Net Assets and Working Capital: The 2024 accounts show net assets of -£3,207 and net current assets of -£3,207, a deterioration from previous years, indicating solvency issues.
• Minimal Share Capital: Share capital stands at £1.00, which is minimal and may limit financial resilience.
• Limited Financial Disclosure and Scale: As a micro-entity with minimal financial data and only one employee (the director), operational sustainability and scalability are unclear.

3. Positive Indicators:

• Compliance With Filing Requirements: The company is up to date with both accounts and confirmation statement filings, showing regulatory compliance to date.
• Active Trading Status: The company is active and not in liquidation or administration, implying ongoing operations.
• Focused Business Model: Operating as an agent in textile and clothing sales with a clear online presence and stated advocacy mission may provide niche market differentiation.

4. Due Diligence Notes:

• Examine Cash Flow and Receivables: Investigate the nature of current liabilities and whether they are short term payables or accrued expenses, and assess cash flow projections.
• Review Director’s Plans for Addressing Negative Equity: Understand management’s strategy to improve the balance sheet and operational profitability.
• Assess Revenue Streams and Customer Base: Given limited financial data, verify actual trading activity, client contracts, and revenue growth prospects.
• Confirm No Undisclosed Liabilities: Given negative net assets, ensure all contingent liabilities or off-balance sheet obligations are identified.