Company Number: 14403062

Analysis Date: 2025-07-20 11:04 UTC

1. Risk Rating: HIGH
   The company exhibits high risk primarily due to negative net assets, significant current liabilities exceeding current assets, and an overall net liability position. This financial structure indicates solvency concerns and potential liquidity stress.

2. Key Concerns:

• Negative Net Assets: Shareholders’ funds stand at -£5,736, showing the company’s liabilities exceed its assets, which is a red flag for solvency.
• Working Capital Deficit: Current liabilities (£64,280) far exceed current assets (£1,210), resulting in a large negative net current asset position (-£56,877), suggesting difficulties in meeting short-term obligations.
• Director’s Advances and Credits: The director’s balance includes a net credit of -£57,286, indicating funds have been advanced and repaid in a manner that may mask cash flow or funding issues, warranting scrutiny of related-party transactions.

3. Positive Indicators:

• Active Status with Timely Filings: The company is active and up to date on statutory filings (accounts and confirmation statement), indicating compliance with regulatory requirements.
• Ownership and Control: The sole director and 75-100% shareholder, Miss Ashleigh Kate Halliburton, maintains full control, which can facilitate swift decision-making.
• No Contingent Liabilities: The accounts note no contingent liabilities or capital commitments, which limits hidden financial risks.

4. Due Diligence Notes:

• Investigate the nature and terms of director’s advances and credits to assess if these represent loans, equity injections, or other forms of funding and their impact on company solvency.
• Review cash flow statements or bank statements (if available) to understand liquidity management and timing of liabilities payments.
• Examine business model sustainability given the negative equity and working capital deficit, including revenue generation and profitability prospects.
• Confirm that all regulatory filings remain current beyond the latest dates and assess any potential upcoming compliance risks.