Company Number: 14820740

Analysis Date: 2025-07-29 15:24 UTC

1. Risk Rating: HIGH
   The company shows negative net assets and net current assets, indicating a weak financial position that raises concerns about its ability to meet short-term and long-term obligations.

2. Key Concerns:

• Negative Net Assets: The company has net assets of -£4,947, reflecting a deficit in equity which is a solvency concern.
• Negative Working Capital: Net current assets are slightly negative (-£2,997), suggesting potential liquidity issues in covering short-term liabilities.
• No Employees or Operational History: Incorporated in April 2023 with no employees and minimal operating history, which raises questions on operational sustainability and revenue generation.

3. Positive Indicators:

• Compliance with Filings: Accounts and confirmation statements are up to date and not overdue, indicating regulatory compliance.
• Single Director with Control: The director, who is also the sole significant controller, has clear ownership and governance which can facilitate swift decision-making.
• Micro-Entity Status: The company’s micro classification reduces administrative burden, which is typical for start-ups or very small operations.

4. Due Diligence Notes:

• Investigate the nature of current liabilities (£350,234) and whether these are trade payables, loans, or related party debt, to assess repayment risk.
• Review any underlying assets or contracts related to the development of building projects (SIC 41100) to evaluate operational viability.
• Confirm the source of funding and plans to improve solvency and liquidity given the negative equity position.
• Clarify the relationship and impact of the significant control by "Almost Everything Limited" and Mr. Garry William Statham on operational and financial decisions.