Company Number: 13052192

Analysis Date: 2025-07-19 12:55 UTC

1. Risk Rating: HIGH
   The company exhibits significant solvency and liquidity concerns, as evidenced by negative net current assets and net liabilities reported in the latest financial year. The micro-entity classification with minimal assets and no employees also raises questions about operational sustainability.

2. Key Concerns:

• Negative Net Current Assets: The 2023 accounts show net current liabilities of £4,930, indicating the company may struggle to meet short-term obligations.
• Declining Current Assets: Current assets plummeted from £8,596 in 2022 to only £96 in 2023, a drastic reduction that could signal cash flow problems.
• No Employees and Minimal Share Capital: With zero employees and share capital of £1, operational capacity and financial backing appear very limited, raising sustainability doubts.

3. Positive Indicators:

• Timely Filing: The company’s accounts and confirmation statement are up to date with no overdue filings, suggesting compliance with statutory requirements.
• Active Status: The company remains active and not in liquidation or administration.
• Single Director Stability: The sole director, appointed since incorporation, has consistently maintained position without publicly visible disqualifications.

4. Due Diligence Notes:

• Investigate the cause of the sharp decline in current assets during 2023 and whether this reflects temporary issues or ongoing cash flow constraints.
• Review any off-balance-sheet liabilities or contingent obligations not captured in micro-entity accounts.
• Assess the company’s business model viability given zero employees and minimal capital, including revenue streams and customer base stability.
• Confirm director’s conduct records and any related party transactions that may influence financial position.