Company Number: 14640197

Analysis Date: 2025-07-20 15:46 UTC

1. Risk Rating: HIGH
   The company exhibits a negative net asset position (£-1,815) and net current liabilities (£-7,151) as of its first filed accounts, indicating potential solvency and liquidity concerns. Being a recently incorporated micro-entity with minimal financial history further increases uncertainty.

2. Key Concerns:

• Negative net assets and net current liabilities suggest the company’s liabilities exceed its assets, raising solvency risks.
• Limited financial history (first year of accounts) restricts visibility into operational performance and sustainability.
• Single director and sole shareholder concentration of control could present governance risks and lack of oversight.

3. Positive Indicators:

• The company is compliant with filing deadlines; no overdue accounts or confirmation statements noted.
• Business activities in communication and computer equipment repair and mobile phone retail are established markets.
• Minimal employee count (1) may indicate low fixed overheads, potentially reducing cash burn.

4. Due Diligence Notes:

• Investigate the nature of current liabilities to understand the timing and likelihood of repayment.
• Review cash flow statements and any management projections to assess liquidity management.
• Assess the business model and contracts generating revenue to evaluate operational sustainability.
• Verify director’s background and any related party transactions given concentrated control.
• Confirm any off-balance-sheet obligations or contingent liabilities not visible in micro-entity accounts.