Company Number: 14284323

Analysis Date: 2025-07-20 17:56 UTC

1. Risk Rating: HIGH
   ROCKMAN PROJECTS LTD exhibits signs of financial instability with negative net current assets in previous years and a very small positive net asset base in the latest year. The company also shows zero employees and minimal fixed assets, indicating limited operational scale or capacity.

2. Key Concerns:

• Solvency Risk: The company’s net current assets were negative in prior years and only marginally positive (£324) in the latest year, suggesting tight liquidity and potential difficulty meeting short-term obligations.
• Liquidity Concerns: Current liabilities in 2024 (£10,251) exceed current assets (£8,371), indicating a working capital deficit. This could impair the company’s ability to pay creditors on time.
• Operational Stability: The absence of employees for two consecutive years and minimal fixed assets may indicate limited or no active trading operations, raising concerns about business viability and sustainability.

3. Positive Indicators:

• Compliance: The company is up to date with its accounts and confirmation statement filings, with no overdue returns noted.
• Active Status: The company remains active and not under liquidation or administration.
• Industry Focus: The company is classified under multiple SIC codes related to construction and installation, suggesting a diversified service offering in a sector with ongoing demand.

4. Due Diligence Notes:

• Verify the company’s trading activity and revenue streams given no employees are reported.
• Review cash flow statements or bank statements to assess liquidity beyond balance sheet snapshots.
• Investigate reasons for the persistent negative net current assets prior to 2024 and any recent changes improving the balance sheet.
• Confirm the role and involvement of the newly appointed director (appointed in March 2025) and any strategic plans to improve operational and financial health.