Company Number: 14760527

Analysis Date: 2025-07-29 12:49 UTC

1. Risk Rating: HIGH
   The company exhibits significant financial distress with persistent negative net assets and net current liabilities over the reported periods, indicating an inability to meet short-term obligations.

2. Key Concerns:

• Negative Net Assets and Working Capital: The company’s net assets deteriorated from -£4,420 in 2024 to -£6,824 in 2025, with net current liabilities increasing from -£4,420 to -£6,824, signaling solvency and liquidity risks.
• No Employees and Limited Operational Activity: With zero employees and minimal current assets (£616 in 2025), operational sustainability appears weak or undeveloped.
• Short Operating History and Micro-Entity Status: Incorporated in 2023 with micro-entity filing status, financial data is limited, making it difficult to assess long-term viability and growth prospects.

3. Positive Indicators:

• Compliance with Filing Requirements: All statutory filings including accounts and confirmation statements are up to date and not overdue, indicating governance discipline.
• Active Website and Contact Information: The company maintains an active website and provides multiple contact points, suggesting some operational infrastructure.
• Strong Control Structure: Ownership and control are clearly identified among three individuals with established roles, potentially facilitating swift decision-making.

4. Due Diligence Notes:

• Investigate the nature and timing of creditors’ liabilities to understand if these are trade payables, loans, or other obligations and assess any risk of enforcement or insolvency proceedings.
• Review business model and revenue generation plans given the lack of employees and minimal assets; clarify if the company is in a start-up phase or dormant operationally.
• Confirm the background and financial standing of key controllers to assess capacity for financial support or capital injection.
• Examine any related-party transactions or intercompany balances that might impact financial position.
• Verify VAT registration and compliance given the company’s limited turnover and micro-entity status.