Company Number: 14415937

Analysis Date: 2025-07-29 16:17 UTC

1. Risk Rating: HIGH
   The company exhibits significant solvency risk, evidenced by net current liabilities of £2,786 and negative shareholders' funds of £2,786 as of the last financial year end. Cash reserves are minimal (£42), indicating liquidity challenges. Being a very recently incorporated entity (October 2022) with just one employee and limited operating history adds to operational risk.

2. Key Concerns:

• Negative Net Assets & Working Capital Deficit: The company’s net liabilities and working capital deficit suggest it is currently unable to meet its short-term obligations from existing assets.
• Minimal Cash Holdings: With just £42 in cash, the company has very limited liquidity to fund day-to-day operations or unexpected expenses.
• Limited Operating History: Incorporated less than two years ago with abridged unaudited accounts and only one employee, the business has a short track record which increases uncertainty regarding its sustainability and growth prospects.

3. Positive Indicators:

• Compliance with Filing Requirements: No overdue accounts or confirmation statements; filings are up to date which reflects good regulatory compliance.
• Single Controlling Shareholder/Director: Clear control by one individual (Mr. Zeedi Sekitoleko) can facilitate swift decision-making and accountability.
• Small Company Reporting: The company is appropriately filing abridged accounts under the small companies regime, indicating compliance with relevant statutory requirements.

4. Due Diligence Notes:

• Financial Performance and Cash Flow Details: Investigate turnover, profitability, and cash flow beyond the abridged balance sheet to understand operational viability.
• Working Capital Management: Assess the nature and timing of creditors and any arrangements for managing short-term liabilities.
• Business Model and Contract Pipeline: Review contracts secured in building and industrial cleaning, client base, and revenue visibility to evaluate sustainability.
• Director Background and Capacity: Verify the director’s experience and capacity to manage the business given the limited operational scale.
• Future Funding Plans: Clarify if there are anticipated capital injections or credit facilities to address current negative equity and liquidity constraints.