Company Number: 13218142

Analysis Date: 2025-07-29 14:28 UTC

1. Risk Rating: HIGH
   The company exhibits a negative net asset position (£-971) with significant current liabilities (£373,061) outweighing current assets (£185,851), resulting in negative net current assets (£-187,210). This suggests solvency pressures and an inability to meet short-term obligations from available liquid assets, a key red flag for financial stability.

2. Key Concerns:

• Solvency Risk: The company’s total liabilities exceed its assets, leading to negative shareholders’ funds, indicating technical insolvency.
• Liquidity Concerns: Negative working capital is a critical warning sign that the company may face cash flow difficulties to cover immediate debts.
• Operational Stability: No employees are reported, and the company’s share capital is minimal (£2), raising questions about the operational scale and sustainability of the business.

3. Positive Indicators:

• Compliance: All filings, including accounts and confirmation statements, are up to date with no overdue reports, reflecting adherence to statutory requirements.
• Industry Focus: The company operates in real estate management and letting, a sector that can generate steady fee income if managed well.
• Director Stability: Directors are clearly identified with no disqualifications noted, and control is evenly split between two individuals, suggesting stable governance.

4. Due Diligence Notes:

• Investigate the nature and terms of the current liabilities to understand if they are short-term debts, loans, or payables to related parties, and assess any refinancing plans.
• Review cash flow statements or management accounts (not currently available) to appraise liquidity trends and operational cash generation.
• Explore business model viability given no employees and minimal share capital; ascertain if the company is reliant on external services or if it is a holding/asset management entity.
• Confirm whether the reported fixed assets (£186,239) are tangible or intangible, and their realizable value in a liquidation scenario.