Company Number: 13786519

Analysis Date: 2025-07-20 16:58 UTC

1. Risk Rating: HIGH
   The company shows persistent net current liabilities and declining net assets, indicating potential solvency and liquidity challenges.

2. Key Concerns:

• Negative net current assets of £(1,820) in 2023, worsening from £(772) in 2022, suggest cash flow pressures and inability to cover short-term liabilities.
• Decline in shareholders’ funds from £2,418 in 2022 to £1,407 in 2023 signals erosion of equity and weakening financial stability.
• Very small scale operations with only one employee and micro-entity reporting limit transparency and may imply limited operational resilience.

3. Positive Indicators:

• The company is compliant with filing requirements, with no overdue accounts or confirmation statements, indicating good regulatory adherence.
• Ownership and control rest with a single director and principal shareholder, which may allow for streamlined decision-making and agile management.
• Fixed assets remain stable, showing some consistency in long-term investment.

4. Due Diligence Notes:

• Investigate the company’s cash flow situation and creditor payment terms to assess near-term liquidity risks.
• Review management plans or forecasts addressing the negative working capital trend and declining net assets.
• Clarify revenue streams and profitability metrics as these are not disclosed, to better understand operational sustainability.
• Confirm whether the company has any contingent liabilities or off-balance-sheet obligations.
• Assess the director’s ability and willingness to inject further capital if needed.