Company Number: 13884536

Analysis Date: 2025-07-29 20:08 UTC

1. Risk Rating: HIGH
   The company exhibits significant solvency concerns with negative net assets and shareholders' funds, indicating liabilities exceed assets. The negative working capital and substantial long-term creditors further elevate financial risk.

2. Key Concerns:

• Solvency Issues: Net liabilities of £4,501 and negative net current assets of £6,290 as at 29 February 2024 suggest the company is financially distressed and unable to cover its obligations fully.
• High Long-term Liabilities: Creditors due after more than one year stand at £20,899, which is substantial relative to total assets, indicating potential funding gaps or debt servicing risk.
• Limited Operational History and Scale: Incorporated in early 2022 with micro-entity status and only one employee, the company’s limited track record and size may constrain its operational stability and resilience.

3. Positive Indicators:

• Compliance with Filing Requirements: Accounts and confirmation statements are up to date with no overdue filings, reflecting good regulatory compliance.
• Active Website Presence: The company maintains an active website, which supports ongoing business operations and customer engagement.
• Clear Governance: Director appointments and PSC disclosures are transparent, with no indications of disqualifications or governance irregularities.

4. Due Diligence Notes:

• Investigate the nature and terms of the long-term creditors (£20,899) to assess repayment schedules and covenant risks.
• Review the company’s cash flow projections and bank facilities to understand liquidity management and short-term funding availability.
• Analyze operational contracts or client base to evaluate sustainability and potential for revenue growth.
• Confirm the reasons behind the resignation of one director in mid-2023 and any impact on company strategy or governance.