Company Number: 13024455

Analysis Date: 2025-07-29 18:14 UTC

1. Risk Rating: HIGH
   The company shows significant liquidity concerns with current liabilities far exceeding current assets and no employees, indicating operational inactivity or underutilization. The micro-entity financials reveal a negative working capital position, which poses a material risk to meeting short-term obligations.

2. Key Concerns:

• Liquidity Imbalance: Current liabilities (£26,834) vastly outstrip current assets (£265), suggesting immediate cash flow constraints.
• Operational Inactivity: No employees reported over recent years, potentially signaling limited business activity or revenue generation capability.
• Share Capital and Equity: Minimal share capital (£1) and modest net assets (£8,664) provide limited financial buffer for creditors or investment.

3. Positive Indicators:

• Timely Filings: Accounts and confirmation statements are up to date, reflecting regulatory compliance and governance discipline.
• Established Fixed Assets: Presence of fixed assets (£35,233) may indicate some invested resources or collateral value.
• Active Website and Contact Details: The company maintains an active web presence and contact number, suggesting ongoing business intentions.

4. Due Diligence Notes:

• Investigate the nature and recoverability of fixed assets to assess their true value and liquidity.
• Review cash flow statements and bank statements (not present here) to confirm the operational cash position and ability to service liabilities.
• Clarify business activities and revenue streams given zero employees and whether the company relies on subcontractors or external services.
• Understand the circumstances around director changes and the control structure — notably the recent director appointment and any impact on strategy or financial health.
• Verify if any contingent liabilities or off-balance-sheet risks exist that could exacerbate financial stress.