Company Number: 15211132

Analysis Date: 2025-07-29 16:36 UTC

1. Risk Rating: HIGH
   The company shows negative net current assets and net liabilities, indicating solvency concerns. Being newly incorporated and with minimal financial data, the risk profile is elevated.

2. Key Concerns:

• Negative Net Current Assets: The balance sheet shows liabilities (£851) exceeding current assets (£526), resulting in net current liabilities of £325, which suggests potential difficulty in meeting short-term obligations.
• Negative Net Assets/Shareholders Funds: The accounts report net liabilities of £325, indicating the company’s liabilities exceed its assets, a critical solvency red flag.
• Lack of Operating History and Employees: Incorporated in October 2023 with zero employees and minimal asset base, the company has no track record or operational scale to assure sustainability.

3. Positive Indicators:

• Current Filing and Compliance: No overdue filings for accounts or confirmation statements, indicating compliance with statutory requirements.
• Clear Ownership and Governance: Single director and controlling shareholder with direct involvement, which may facilitate swift decision-making.
• Micro-Entity Accounting Status: The company qualifies as a micro-entity, benefiting from simplified reporting and potentially lower administrative costs as it grows.

4. Due Diligence Notes:

• Investigate the nature and timing of the liabilities causing negative net assets—are these trade creditors, loans, or shareholder funds?
• Clarify the company’s business plan and funding sources given its early stage and current negative equity position.
• Review any off-balance-sheet commitments or contingent liabilities not reflected in the micro-entity accounts.
• Monitor subsequent trading performance and cash flow statements once available to assess liquidity trends.