Company Number: SC679435

Analysis Date: 2025-07-29 20:09 UTC

1. Risk Rating: HIGH
   The company demonstrates a significant negative net asset position at the latest reporting date and a material increase in liabilities relative to assets over the prior years, indicating serious solvency concerns.

2. Key Concerns:

• Negative Net Assets & Shareholders’ Deficit: The accounts show net liabilities of £19,103 as of 30 November 2023, deteriorating from £12,635 net liabilities the prior year, signaling insolvency.
• High Creditors vs. Low Current Assets: Current liabilities exceed current assets by a large margin (£25,750 creditors vs. £7,447 assets), suggesting liquidity stress and potential difficulties meeting short-term obligations.
• No Employees and Limited Operational Data: The company reports zero employees and minimal operational disclosures, which raises questions about ongoing business activities and sustainability.

3. Positive Indicators:

• Filing Compliance: The company is up to date with statutory filings, including accounts and confirmation statements, indicating regulatory compliance.
• Micro-entity Filing Status: Being a micro-entity reduces administrative burdens, potentially helping to manage costs.
• Single Director/Secretary With Consistent Appointment: The same individual acting as director and secretary since incorporation may suggest stable governance at the management level.

4. Due Diligence Notes:

• Investigate the nature and composition of the significant current and non-current liabilities, particularly the £25,750 creditors falling due after more than one year.
• Clarify the operational activities generating these liabilities given the absence of employees and fixed assets.
• Assess cash flow statements or other internal management accounts to understand liquidity management and revenue generation.
• Confirm the identities and roles of any persons with significant control, as none are currently listed, which may indicate gaps in transparency.
• Review any potential contingent liabilities or related party transactions that may impact financial stability.