Company Number: 14836281

Analysis Date: 2025-07-29 19:34 UTC

1. Risk Rating: HIGH
   The company exhibits significant solvency risk with net liabilities of £2,113 and negative shareholders' funds. The extremely low cash balance of £4 against current liabilities of £2,117 indicates liquidity constraints. The company is also very new (incorporated May 2023) with limited operating history to demonstrate sustainability.

2. Key Concerns:

• Negative net assets and shareholders’ funds suggest the company is currently insolvent on a balance sheet basis.
• Minimal cash reserves (£4) relative to current liabilities (£2,117) raise immediate liquidity concerns and potential inability to meet short-term obligations.
• Company has only one employee and no profit and loss account filed, limiting insight into operational performance and future viability.

3. Positive Indicators:

• The company is compliant with filing requirements, with no overdue accounts or confirmation statements, indicating good governance on compliance matters.
• Ownership and control are evenly distributed among three directors, which can provide a balanced decision-making structure.
• The turnover recognition policy indicates awareness of proper revenue accounting, though no turnover figures are provided.

4. Due Diligence Notes:

• Investigate the nature and timing of the company’s liabilities to assess if they are short-term debts or payable on demand.
• Obtain management accounts or trading updates to understand current cash flow and operational performance beyond the first year.
• Review any underlying business plans or contracts to evaluate potential for revenue growth and turnaround prospects.