Company Number: 14664550

Analysis Date: 2025-07-29 17:26 UTC

1. Risk Rating: HIGH
   The company exhibits a negative net asset position (£-6,534) shortly after incorporation, with significant current liabilities exceeding current assets by £112,879 and total liabilities surpassing total assets. This financial structure indicates solvency and liquidity risks.

2. Key Concerns:

• Negative net assets and shareholders’ funds shortly after incorporation, indicating potential undercapitalization or early financial strain.
• Current liabilities of £185,406 vastly outweigh current assets of £2,977, leading to a significant working capital deficit and liquidity concerns.
• Absence of employees and minimal current assets (cash only), which may impact operational sustainability and ability to meet obligations as they fall due.

3. Positive Indicators:

• Ownership of investment property valued at £291,751, representing a tangible fixed asset base that may provide collateral value.
• Timely filing of accounts and confirmation statements with no overdue filings, indicating regulatory compliance and governance discipline.
• Directors and persons of significant control are identified with no apparent disqualifications or governance flags.

4. Due Diligence Notes:

• Investigate the nature and terms of the current liabilities (£185,406), including maturity profile, creditors involved, and whether these are secured or unsecured.
• Assess cash flow projections and plans for addressing the negative working capital and net liability position.
• Review investment property details, including valuation methodology, liquidity, and income generation potential.
• Confirm whether any off-balance sheet liabilities or contingent liabilities exist that may further impact financial stability.
• Understand the business model and revenue generation plans given the lack of employees and minimal current assets.