Company Number: 13939592

Analysis Date: 2025-07-29 20:21 UTC

1. Risk Rating: HIGH
   The company exhibits negative net current assets and net liabilities, indicating insolvency risk despite being a micro-entity with minimal filing requirements. The negative net assets position is a significant red flag for financial stability.

2. Key Concerns:

• Solvency Risk: Negative net current assets (£-709 in 2024 compared to £-521 in 2023) and net liabilities suggest the company does not have sufficient short-term assets to meet its obligations.
• Liquidity Concerns: Current liabilities (£946) consistently exceed current assets (decreasing from £425 in 2023 to £237 in 2024), indicating ongoing cash flow pressure.
• Operational Stability: Zero employees and limited financial activity raise questions about the sustainability and operational scale of the business.

3. Positive Indicators:

• Compliance: No overdue filings for accounts or confirmation statements, indicating good regulatory compliance.
• Single Director with Full Control: Clear ownership and control by a single director/PSC may streamline decision-making.
• Recent Incorporation: Incorporated in 2022, the company is in early stages, which may explain limited financial activity.

4. Due Diligence Notes:

• Review detailed financial statements or management accounts to understand the nature of liabilities and plans to address insolvency.
• Investigate the business model, revenue generation, and future cash flow projections to assess operational viability.
• Verify the director’s intentions and source of funding to support the company’s financial position.
• Confirm no related party transactions or contingent liabilities that may impact financial health.