Company Number: 14358688

Analysis Date: 2025-07-29 18:46 UTC

1. Risk Rating: HIGH
   The company exhibits significant solvency and liquidity concerns given its extremely minimal net assets (£3) and negligible working capital. The lack of employees and very limited current assets relative to liabilities indicate operational fragility. Being a newly incorporated micro entity with minimal financial history further elevates uncertainty about sustainability.

2. Key Concerns:

   • Minimal Net Assets and Working Capital: Net current assets of only £3 and net assets of £3 suggest a precarious financial position incapable of absorbing shocks or meeting obligations comfortably.
   • No Employees and Limited Operations: Zero employees and classification under “Other service activities not elsewhere classified” with no substantive financial scale raise questions about the business activity level and revenue generation capacity.
   • Concentration of Control and Governance: Single individual (Mr. Daniel Nik) holds 75-100% ownership and all control rights. While not inherently negative, combined with minimal financial data and micro-entity status, this concentration could pose governance and succession risks.

3. Positive Indicators:

   • Up to Date Filing: Accounts and confirmation statements are current with no overdue filings, indicating compliance with statutory requirements.
   • No Indication of Insolvency or Formal Proceedings: The company is active, not in liquidation, administration, or receivership, which suggests no immediate regulatory or insolvency alarms.
   • Director Transparency: The sole director’s details are consistent and publicly disclosed, supporting transparency in ownership and management.

4. Due Diligence Notes:

   • Investigate Business Model and Revenue Streams: Given the minimal financial footprint and no employees, further inquiry into actual trading activities, contracts, or service delivery is warranted.
   • Assess Cash Flow and Funding Sources: Clarify how the company finances operations and meets liabilities given the minimal asset base. Determine if there are any related party loans or guarantees.
   • Governance and Control Measures: Review internal controls and risk management given the sole director’s dominant control to understand decision-making and oversight processes.