Company Number: 13786928

Analysis Date: 2025-07-20 17:45 UTC

1. Risk Rating: MEDIUM
   The company has significant fixed assets and a stable ownership structure, but a large portion of liabilities are long-term creditors. The net asset position is positive but modest relative to total liabilities, indicating some solvency risk. No overdue filings or compliance issues are evident.

2. Key Concerns:

• High level of long-term liabilities (£475,000) compared to modest net assets (£23,941) may pressure solvency if asset values are illiquid or impaired.
• Negative net current assets (-£27,234) indicate potential short-term liquidity constraints to meet immediate obligations.
• No employees are reported, suggesting limited operational activity or reliance on external management, which may raise concerns about business sustainability.

3. Positive Indicators:

• Consistent fixed assets valuation (£528,025) over multiple years suggests stable asset base, likely real estate given SIC code 68209.
• No overdue accounts or confirmation statements filed, indicating regulatory compliance is maintained.
• Ownership control is clear and concentrated (Woodberry Secretarial Limited holds 75-100%), which may facilitate decision-making and governance.

4. Due Diligence Notes:

• Verify the nature and terms of the £475,000 creditor balance, including maturity dates and interest obligations, to assess refinancing or repayment risks.
• Confirm the liquidity and marketability of the fixed assets, as these are critical for meeting liabilities if required.
• Investigate the company’s business model and revenue streams since no employees are recorded and current assets are minimal. Understanding cash flow generation and operational sustainability is essential.
• Review director and management arrangements post-resignation of Michael Duke, to ensure effective governance and accountability.