SPACE LOFTS LTD

Executive Summary

Space Lofts Ltd is a very recently incorporated micro-entity exhibiting early-stage financial vulnerabilities such as negative working capital and minimal net assets. While statutory compliance is up to date, the company’s limited scale and first-year status elevate solvency and liquidity risks. Close monitoring and further operational due diligence are recommended before considering investment exposure.

SPACE LOFTS LTD - Analysis Report

Company Number: 15614676

Analysis Date: 2025-07-29 12:51 UTC

1. Risk Rating: HIGH

Justification: The company is newly incorporated with only one financial year filed, showing net current liabilities and minimal net assets. The micro-entity balance sheet indicates negative working capital and limited fixed assets, which presents a risk to short-term solvency and liquidity. The single director who is also the sole shareholder suggests concentrated control and potential governance risk.

2. Key Concerns:

• Negative net current assets (£-249) indicating potential liquidity issues to meet short-term obligations.
• Very minimal net assets (£41) and fixed assets (£290), reflecting limited operational scale and financial buffer.
• Company is in its first year of trading with no historical financial track record to assess operational sustainability.

3. Positive Indicators:

• All statutory filings (accounts and confirmation statements) are current and not overdue.
• Director and PSC is clearly identified with no disqualifications or regulatory flags.
• The company operates within a defined SIC code (Other construction installation), which is a standard business sector.

4. Due Diligence Notes:

• Review cash flow forecasts and working capital management plans to assess liquidity risk.
• Investigate business model viability and pipeline of contracts/orders given limited financial scale.
• Confirm whether the director has relevant industry experience beyond occupation as carpenter.
• Monitor ongoing compliance with filing deadlines and governance practices as the company matures.
• Assess related party or loan transactions that may affect financial position.