Company Number: 15028321

Analysis Date: 2025-07-20 11:53 UTC

1. Risk Rating: HIGH
   Justification: The company shows net current liabilities indicating liquidity stress, minimal net assets (£107), and is a newly incorporated micro-entity with limited financial history, which suggests high solvency and operational risks at this stage.

2. Key Concerns:

• Negative working capital position (net current liabilities of £7,913) signals potential cash flow difficulties to meet short-term obligations.
• Minimal net assets (£107) provide almost no equity buffer to absorb losses or financial shocks.
• Very limited operational history since incorporation in July 2023, with no profit and loss data filed, making it difficult to assess ongoing business sustainability.

3. Positive Indicators:

• Compliance with filing requirements to date, including up-to-date confirmation statement and accounts filings, reducing regulatory concern.
• Sole director and 75-100% shareholder is clearly identified, indicating transparency in control and governance.
• The company operates in a retail sector (SIC 47110) which generally has stable demand for essential goods such as food and beverages.

4. Due Diligence Notes:

• Investigate the company’s cash flow forecasts and working capital management plans given the current negative net current assets.
• Obtain or review any available management accounts or additional financial data to assess operational performance and profitability since incorporation.
• Confirm the source and nature of fixed assets (£8,020) and current liabilities (£52,121) to understand financial structure and creditor relationships.
• Assess the background and financial standing of the sole director/shareholder to determine capacity to support the company if needed.
• Monitor future filings to detect any deterioration or improvement in financial position.