Company Number: 13792483

Analysis Date: 2025-07-20 12:50 UTC

1. Risk Rating: HIGH
   The company exhibits negative net assets and net current liabilities, indicating an inability to cover short-term liabilities from current assets. Shareholders' funds are negative and have deteriorated over the last two years, signaling solvency concerns.

2. Key Concerns:

• Solvency Risk: The company has net current liabilities of £16,607 as of the latest accounts (2023), worsening from £3,490 in 2022. Negative shareholders’ funds suggest the company is technically insolvent on a balance sheet basis.
• Liquidity Concerns: Current liabilities exceed current assets, indicating potential cash flow difficulties meeting short-term obligations. This liquidity strain could impair operational continuity.
• Operational Stability: The company has maintained a consistent headcount of three employees but lacks disclosed profitability data, and directors have opted not to file a profit and loss account. This opacity limits evaluation of operational performance and sustainability.

3. Positive Indicators:

• The company is currently active with no overdue filings or accounts, demonstrating regulatory compliance to date.
• The ownership structure shows a single corporate person with full control (Mnb Productions Limited), possibly indicating stable governance and decision-making.
• The company is relatively young (incorporated December 2021) and operates in a creative sector (video and motion picture production), which can have growth potential if managed properly.

4. Due Diligence Notes:

• Investigate the reasons behind persistent negative equity and net current liabilities; review underlying causes such as accumulated losses, unpaid creditors, or working capital mismanagement.
• Request management accounts or internal financial statements to assess ongoing profitability and cash flow trends since the last filed accounts.
• Clarify the nature of the company's liabilities and any contingent obligations, including creditor composition and payment terms.
• Evaluate the directors’ plans for restoring solvency and liquidity, including potential capital injections or restructuring initiatives.
• Confirm there are no undisclosed regulatory or legal issues impacting operational viability.