Company Number: 13582323

Analysis Date: 2025-07-29 15:54 UTC

1. Risk Rating: HIGH
   The company exhibits persistent negative net assets and net current liabilities over multiple years, indicating ongoing solvency challenges. The absence of employees and minimal financial activity further heightens operational risk.

2. Key Concerns:

• Negative Net Assets and Working Capital: Consistent net liabilities (£-2,026 as of 2024) suggest the company’s liabilities exceed its assets, raising concerns about its ability to meet short-term obligations.
• Lack of Operational Activity: The company reports zero employees and no significant off-balance-sheet items, implying limited or no ongoing business operations which may affect sustainability.
• Minimal Financial Disclosure and Scale: As a micro-entity with very small liabilities and no audit, the financial information is limited, restricting visibility on cash flows and underlying business health.

3. Positive Indicators:

• Compliance with Filing Requirements: The company is up to date with both accounts and confirmation statement filings, indicating adherence to regulatory obligations.
• No Indication of Insolvency Proceedings: Company status is active with no liquidation or administration, suggesting it has not yet entered formal distress processes.
• Relatively Low Creditors Amount: Although negative, current liabilities are modest in absolute terms, which may limit immediate creditor pressure.

4. Due Diligence Notes:

• Investigate the nature of the company’s liabilities and whether creditors are being serviced on time.
• Assess the source of ongoing funding or capital injections maintaining its operations despite negative equity.
• Clarify the business model and revenue generation prospects given the absence of employees and minimal activity.
• Confirm whether the director or associated parties have provided any financial support or guarantees.
• Review any related party transactions or contingent liabilities not disclosed in the micro-entity accounts.