Company Number: 15239217

Analysis Date: 2025-07-20 16:56 UTC

1. Risk Rating: HIGH
   The company exhibits significant solvency concerns, with net liabilities and negative shareholders’ funds reported in the latest accounts. The mismatch between current assets and current liabilities signals immediate liquidity risk.

2. Key Concerns:

• Negative Net Assets: The company’s net liabilities of £2,032 indicate insolvency on a balance sheet basis, raising questions about its ability to meet all obligations.
• Severe Working Capital Deficit: Current liabilities (£143,093) vastly exceed current assets (£61), creating a net current liability position of £143,032. This points to critical liquidity constraints.
• No Employees or Operational Scale: The company reports zero employees and minimal asset base, which may indicate limited operational activity or a nascent stage without proven revenue streams.

3. Positive Indicators:

• No Overdue Filings: The company is current with its statutory accounts and confirmation statement filings, suggesting compliance with regulatory requirements.
• Single Director with Full Control: Clear ownership and control may facilitate streamlined decision-making and responsive management actions.
• Fixed Assets Present: The presence of fixed assets valued at £141,000 could potentially provide some recovery value or collateral.

4. Due Diligence Notes:

• Investigate the nature and liquidity of the fixed assets to assess potential for liquidation or use as security.
• Examine the origins of the substantial current liabilities to understand creditor composition and payment terms.
• Review cash flow projections and business plans to evaluate prospects for improving liquidity and solvency.
• Assess the director’s financial support or guarantees given the negative equity position.
• Clarify the company’s business model and revenue generation status given the absence of employees.