Company Number: 13910155

Analysis Date: 2025-07-20 13:52 UTC

1. Risk Rating: HIGH
   The company exhibits a negative net asset position (£-442) and significantly negative net current assets (£-109,131), indicating a weak financial position and potential solvency issues despite being newly incorporated.

2. Key Concerns:

• Negative net assets and net current assets suggest inability to cover short-term liabilities from current assets, implying liquidity constraints.
• No recorded employees and minimal current assets (£15,005) raise questions about operational scale and revenue generation capabilities.
• The company is a micro-entity and newly incorporated (2022), limiting available financial history and increasing uncertainty about sustainable operations and cash flow.

3. Positive Indicators:

• The company’s filings are up to date with no overdue accounts or confirmation statements, indicating compliance with regulatory requirements.
• Ownership by Sessions Kitchens Limited (holding 75-100% control) may provide strategic support or financial backing, which could mitigate some operational risks.
• Directors appear stable with no noted disqualifications or governance flags from the limited data provided.

4. Due Diligence Notes:

• Investigate the nature of liabilities contributing to large current liabilities (£124,136), and assess whether these are trade payables, loans, or other obligations.
• Review cash flow statements or bank statements (not provided) to understand liquidity dynamics and ability to meet short-term obligations.
• Clarify operational model given zero employees and low current asset base—determine if the company is actively trading or in a start-up phase relying on group support.
• Verify intercompany arrangements with parent company Sessions Kitchens Limited, including guarantees or funding commitments.