Company Number: 14357165

Analysis Date: 2025-07-19 12:40 UTC

1. Risk Rating: HIGH
   The company exhibits a concerning solvency position with net liabilities reported and minimal assets. Being a micro-entity with no fixed or current assets and negative net assets (-£600) indicates an inability to meet obligations from available resources.

2. Key Concerns:

• Negative Net Assets: The balance sheet shows net liabilities of £600, suggesting insolvency on a going-concern basis.
• No Current Assets Reported: The absence of current assets implies no cash or receivables to cover short-term liabilities, raising liquidity risks.
• Single Director/Shareholder Control: 100% control by one individual increases concentration risk and potential governance concerns without broader oversight.

3. Positive Indicators:

• Current Compliance Status: The company is active, not in liquidation or administration, with no overdue filings, indicating regulatory compliance to date.
• Micro-entity Reporting: Simplified accounts limit disclosure but reduce administrative burden for a start-up-stage business.
• No Audit Requirement: As a micro-entity, the company is exempt from audit, reducing immediate compliance costs.

4. Due Diligence Notes:

• Verify the nature and timing of the £600 current liabilities and any plans for settlement or refinancing.
• Confirm the company’s cash flow projections and whether additional capital injections are expected to restore solvency.
• Investigate the business model viability given no reported assets or revenue details, including client contracts and pipeline.
• Assess any related-party transactions or director loans that may affect financial position.
• Review the director’s background for any prior insolvency or disqualification records despite none currently reported.