Company Number: SC788026

Analysis Date: 2025-07-29 19:51 UTC

1. Risk Rating: HIGH
   Justification: The company exhibits negative net assets and net current liabilities, indicating financial strain. Its cash balance is minimal relative to current liabilities, suggesting liquidity challenges. The company is newly incorporated with limited operating history, increasing uncertainty regarding operational stability.

2. Key Concerns:

• Negative net assets of £614 and net current liabilities of £95,068 as at 30 November 2024 raise solvency concerns.
• Very low cash balance (£2,670) against significant current liabilities (£97,738) points to potential short-term liquidity difficulties.
• The company’s going concern note relies on continued director support, which may mask underlying funding risks.

3. Positive Indicators:

• Investment property valued at £268,978 provides a tangible asset base that could support future operations or refinancing.
• No overdue filings or compliance issues were identified; accounts and confirmation statements are up to date.
• Directors and principal controllers appear engaged with no public disqualifications or governance flags noted.

4. Due Diligence Notes:

• Investigate the nature and terms of the director support mentioned as critical to going concern, including any loans, guarantees, or capital injections planned.
• Review detailed creditor aging and payment terms to assess immediate liquidity pressures and potential default risk.
• Assess the market value and liquidity of the investment property asset to understand its realizable value in a distress scenario.
• Clarify the company's business model and revenue generation capacity given the short operating history and current losses.