Company Number: 14852730

Analysis Date: 2025-07-29 20:02 UTC

1. Risk Rating: HIGH
   The company exhibits a high risk profile primarily due to significant negative net current assets and shareholders’ funds, implying it is currently insolvent and unable to meet short-term obligations from available current assets.

2. Key Concerns:

• Negative net current assets of £22,730 indicate liquidity stress and inability to cover current liabilities, raising immediate solvency concerns.
• The company is very newly incorporated (May 2023) with only one current director, limiting operational history and governance stability.
• Two directors appointed at the start of 2024 resigned shortly thereafter (within 2.5 months), which may suggest internal management or control issues.

3. Positive Indicators:

• Company filings (accounts and confirmation statements) are up to date with no overdue returns or penalties.
• The sole current director, Mr. Andrew Marcus Fox, has full ownership and control, which may allow for rapid decision-making and restructuring if needed.
• The company is classified as a micro entity, with minimal regulatory burden and exemption from audit, which may reduce compliance costs.

4. Due Diligence Notes:

• Investigate the nature and timing of the £23,320 current liabilities to understand if these are trade payables, director loans, or other debts, and the plans for repayment.
• Review the causes and implications of the rapid director turnover in early 2024 and any impact on operational continuity or control.
• Assess business plan viability given the negative equity and whether there is a capital injection or restructuring plan underway.
• Confirm the company’s trading status and revenue generation, as no income or profit data is available from the micro-entity accounts filing.
• Verify the director’s financial backing or related party transactions that may affect going concern assumptions.