Company Number: 15163402

Analysis Date: 2025-07-20 18:48 UTC

1. Risk Rating: HIGH
   The company exhibits a very low net asset base (£33) and current liabilities exceed current assets by £1,916, indicating potential liquidity concerns. Being newly incorporated in 2023 with only one employee and minimal financial data limits visibility on operational sustainability.

2. Key Concerns:

• Liquidity Deficit: Current liabilities (£6,567) surpass current assets (£4,651), resulting in negative net current assets (-£1,916), suggesting potential cash flow challenges.
• Minimal Capitalization: Net assets and shareholders' funds stand at only £33, an extremely thin equity buffer against operational and financial risks.
• Limited Operating History: Incorporated less than one year ago with micro-entity accounts only; absence of revenue, profit or cash flow data restricts assessment of business viability.

3. Positive Indicators:

• Compliance: All filings including annual accounts and confirmation statements are up to date and not overdue, demonstrating regulatory adherence.
• Sole Control by Director: 100% ownership and control by a single director may allow for streamlined decision-making.
• Micro-entity Status: Small scale reduces complexity and regulatory burden, which may be suitable for a start-up phase.

4. Due Diligence Notes:

• Verify the source and sufficiency of working capital to meet current liabilities given the negative net current asset position.
• Assess business model viability and projected income streams since no turnover or profit data is available.
• Investigate director’s background and capacity to support company growth and financial obligations.
• Confirm absence of related party transactions or loans that might affect liquidity.
• Monitor subsequent filings for improvements in financial position and operating results.