Company Number: 13484034

Analysis Date: 2025-07-29 19:54 UTC

1. Risk Rating: HIGH
   The company demonstrates very limited financial activity and resources, with negligible turnover and no net assets or working capital. Operating losses are persistent and cash or current assets are non-existent, indicating a significant risk to solvency and liquidity.

2. Key Concerns:

• Solvency and Liquidity: The company reports zero cash, debtors, creditors, and net assets across multiple years. This absence of working capital and tangible or intangible assets suggests it may struggle to meet any financial obligations.
• Sustainability of Operations: Turnover is very low (£484 in the latest year) with operating losses continuing (-£450 in 2024). No employees are reported, implying minimal operational scale and uncertain business viability.
• Limited Financial Transparency and Stakeholder Engagement: The Community Interest Report notes no stakeholder consultation and no director remuneration, which may reflect limited governance or resource constraints.

3. Positive Indicators:

• Compliance with Filing Requirements: The company is current with its accounts and confirmation statement filings, showing adherence to statutory obligations.
• Clear Control and Governance Structure: Directors are identified with relevant professional backgrounds and no disqualifications noted. The company is a CIC, indicating a social purpose orientation which may attract specific funding or community support.
• No Overdue Liabilities: Absence of creditors might imply no outstanding debts, though it could also reflect inactivity in trading relationships.

4. Due Diligence Notes:

• Investigate the company's funding sources and cash flow mechanisms to understand how it finances operations without reported cash or assets.
• Clarify the nature and scale of activities beyond the low turnover figures, including any unpaid volunteer support or in-kind contributions.
• Review the director and governance arrangements, including any off-balance-sheet commitments or related party transactions.
• Assess the potential for future revenue growth and sustainability given the current financial position and community interest objectives.