Company Number: 14193742

Analysis Date: 2025-07-20 17:35 UTC

1. Risk Rating: HIGH
   Justification: The company exhibits extremely limited financial activity and minimal asset base, with net assets declining from £4,547 in 2023 to £1,072 in 2024, and no current assets or liabilities reported in the latest year. This suggests very limited operational scale and potential challenges in meeting any financial obligations.

2. Key Concerns:

• Deteriorating net asset position with a significant reduction in shareholder funds year-over-year.
• Absence of current assets and liabilities in the latest financial year indicates negligible trading or cash flow, raising concerns about liquidity and operational viability.
• The company is classified as a micro-entity with only one employee, which may limit operational capacity and scalability.

3. Positive Indicators:

• The company remains active and compliant with filing deadlines for both accounts and confirmation statements, indicating adherence to regulatory obligations.
• No overdue filings or signs of distress such as liquidation or administration reported.
• The company’s business area, artistic creation (SIC 90030), may have low fixed costs, potentially reducing financial pressure.

4. Due Diligence Notes:

• Investigate the reasons behind the sharp reduction in net assets and absence of current assets in the latest year—whether this reflects a pause in trading, asset disposals, or other operational changes.
• Assess cash flow statements if available to confirm liquidity status and ability to meet short-term obligations.
• Clarify the nature and viability of business operations given the minimal financial footprint and single employee structure.
• Review director background and any related party transactions to rule out governance or control issues.