Company Number: 14357154

Analysis Date: 2025-07-19 12:27 UTC

1. Risk Rating: HIGH
   The company shows minimal net assets (£2 as of 31 March 2024) and extremely limited current assets (£744) barely covering current liabilities (£742). The absence of employees and negligible working capital suggest very limited operational scale and potential difficulties meeting financial obligations.

2. Key Concerns:

• Minimal Financial Cushion: Net assets and working capital are effectively zero, indicating very low solvency and liquidity. This raises concerns about the company’s ability to cover short-term liabilities or absorb financial shocks.
• No Employees or Operational Scale: The company reports zero employees, which may imply it is not actively engaged in significant construction activity or is highly dependent on subcontractors. This questions operational sustainability.
• Very Recent Incorporation with Limited Financial History: Incorporated in September 2022, with only two years of minimal financial data, limiting the ability to assess performance trends or business viability.

3. Positive Indicators:

• Current Filing Status: No overdue accounts or confirmation statements, indicating compliance with statutory filing requirements.
• Full Ownership and Control: The sole director and 100% shareholder is Mr. Stewart Thompson, suggesting clear governance and decision-making authority without ownership disputes.

4. Due Diligence Notes:

• Cash Flow and Bank Facilities: Investigate the company’s access to cash or credit lines to cover obligations given the minimal current assets.
• Operational Activity: Confirm the nature and volume of construction projects undertaken, including subcontractor arrangements and revenue generation.
• Director’s Background and Financial Support: Review Mr. Stewart Thompson’s financial capacity to support the company and his experience in construction to gauge operational sustainability.
• Future Business Plans: Assess strategic outlook and any planned capital injections or contracts to improve financial position.