Company Number: 15208960

Analysis Date: 2025-07-29 16:59 UTC

1. Risk Rating: HIGH
   The company shows a negative net asset position (-£6) despite being newly incorporated and operating in a micro-entity category. Minimal net current assets and an almost balanced current liabilities figure relative to assets indicate immediate solvency pressure. As it is a new business with limited financial history, the risk is elevated due to lack of operational or financial stability evidence.

2. Key Concerns:

• Negative Net Assets: The balance sheet reports net liabilities of £6, which, although small, signals that current liabilities slightly exceed current assets. This may impact the company’s ability to meet short-term obligations.
• Lack of Fixed Assets and Limited Capital: No fixed assets and minimal shareholder funds (£6) suggest an absence of tangible backing or financial cushion to absorb operational shocks.
• Newly Established with Limited Operational Track Record: Incorporated only in October 2023, with accounts for less than one full year, the company’s sustainability and operational performance remain unproven.

3. Positive Indicators:

• Compliance with Filing Requirements: Accounts and confirmation statements are up to date and not overdue, indicating good regulatory compliance and governance practices for a new entity.
• Active Online Presence: The company maintains an active website with contact information, which may support business development efforts in the specialised cleaning services sector.
• Experienced Director Team: The appointment of a Finance Director (Paul Gordon Day) in June 2024 adds financial oversight capability to the management team, potentially improving financial discipline.

4. Due Diligence Notes:

• Examine Cash Flow Details: Investigate cash flow statements or bank statements to assess liquidity beyond the snapshot balance sheet.
• Review Business Plan and Revenue Generation: Understand revenue streams, client contracts, and growth projections to evaluate operational sustainability.
• Director Background Checks: Confirm the professional and financial standing of directors, particularly the main shareholders, to identify any potential risks not evident in public filings.
• Monitor Future Filings: As the company is very new, subsequent accounts and confirmation statements will provide critical insight into financial trends and operational progress.