Company Number: 15095655

Analysis Date: 2025-07-29 13:33 UTC

1. Risk Rating: HIGH
   Given the very limited financial data from a single reporting period and a negative working capital position, the company exhibits high solvency and liquidity risk at this early stage.

2. Key Concerns:

• Negative Net Current Assets: Current liabilities (£7,736) exceed current assets (£4,455), indicating potential short-term liquidity issues.
• Minimal Equity Base: Shareholders’ funds stand at only £36, suggesting very limited financial cushion against losses or obligations.
• Newly Incorporated with Limited Operating History: Incorporated in August 2023 with accounts covering just over one year, there is insufficient track record to assess operational sustainability or revenue generation.

3. Positive Indicators:

• No Overdue Filings: Both accounts and confirmation statements are filed on time, indicating compliance with regulatory requirements.
• Clear Control Structure: Majority control by a single individual (75-100% ownership and voting rights), which may enable swift decision-making.
• Micro-entity Reporting: The company is small and benefits from simplified reporting requirements, reducing administrative overhead.

4. Due Diligence Notes:

• Investigate the company’s business model, revenue streams, and cash flow forecasts to understand how it plans to improve liquidity and solvency.
• Confirm the nature of current liabilities and whether they are trade creditors, loans, or other obligations to assess immediate payment pressures.
• Review any off-balance sheet commitments or contingent liabilities not reflected in the micro-entity accounts.
• Ascertain the impact of the director resignation in April 2024 on company operations and governance.
• Evaluate the experience and financial strength of the controlling shareholder and their capacity to provide financial support if needed.