Company Number: 14801713

Analysis Date: 2025-07-29 15:56 UTC

1. Risk Rating: HIGH
   The company exhibits significant solvency risk, evidenced by negative net assets and substantial current liabilities exceeding current assets. The micro-entity status and very recent incorporation limit available financial history, increasing uncertainty.

2. Key Concerns:

• Negative Net Assets: The balance sheet shows net liabilities of £42,889, indicating the company’s liabilities exceed its assets.
• Poor Working Capital Position: Current liabilities are £292,467 versus current assets of only £8,251, resulting in a net current liability of £284,216, which raises liquidity concerns.
• Early Stage Financials: Incorporated in April 2023, with only one accounting period filed, limiting visibility on operational sustainability and cash flow trends.

3. Positive Indicators:

• Compliance: The company is active with no overdue filings for accounts or confirmation statements, indicating good regulatory compliance so far.
• Directors and Control: Two directors with clear ownership and voting rights control the company, suggesting centralized decision-making.
• Fixed Assets Base: The company holds fixed assets valued at £339,765, which may represent property or investment assets relevant to its real estate activities.

4. Due Diligence Notes:

• Investigate the nature and terms of current liabilities, especially those due within one year, to assess repayment risk or refinancing plans.
• Clarify the composition and valuation of fixed assets to understand if they can be liquidated or leveraged to improve solvency.
• Review business plan and cash flow forecasts to evaluate operational sustainability and steps management is taking to address negative equity.
• Confirm there are no director disqualifications or governance issues, though none are indicated currently.
• Monitor follow-up filings and seek updated financials to track progress beyond the initial period.