Company Number: SC750940

Analysis Date: 2025-07-29 20:54 UTC

1. Risk Rating: HIGH
   The company exhibits significant solvency concerns as indicated by negative net current assets (-£220) and negative net assets/shareholders’ funds (-£520). The liabilities exceed the assets, which suggests the company is not currently solvent.

2. Key Concerns:

• Negative net assets and net current assets show that the company’s liabilities exceed its assets, posing a risk to meeting obligations.
• Extremely low current assets (£20) compared to current liabilities (£240) indicates poor liquidity and potential cash flow issues.
• The company has no employees, which may question operational capacity and sustainability unless it is a holding or dormant entity.

3. Positive Indicators:

• The company is compliant with filing requirements; accounts and confirmation statements are up to date with no overdue filings.
• Ownership and control are clearly defined and centralized under a single director/PSC (Mr. Brent Norris), which may enable swift decision-making.
• The company operates in a defined niche industry (specialised cleaning services - SIC 81222), which can be a focused operational area if executed well.

4. Due Diligence Notes:

• Investigate the nature and timing of liabilities to understand the cause of negative working capital and if these are short-term issues or longer-term structural problems.
• Assess cash flow statements and profit and loss accounts (not provided) for revenue generation, profitability, and cash inflows/outflows.
• Understand business model and operational plans given the absence of employees and minimal assets; clarify whether the company is active operationally or in a start-up phase.
• Review director’s plans or funding sources to address negative equity and liquidity concerns.
• Confirm no director disqualifications or regulatory issues beyond the basic compliance shown.