Company Number: 14590343

Analysis Date: 2025-07-20 12:33 UTC

1. Risk Rating: HIGH
   The company exhibits a high risk profile primarily due to its very limited financial resources, negative net working capital, and very recent incorporation with minimal operating history.

2. Key Concerns:

• Negative Net Current Assets: The company’s current liabilities (£1,400) exceed its current assets (£1,164), resulting in net current liabilities of £236. This indicates potential liquidity issues and an inability to meet short-term obligations without additional financing.
• Minimal Net Assets and Capital: Shareholders’ funds are only £60, reflecting a very fragile equity base that offers minimal financial buffer against operational risks or unexpected expenses.
• Early Stage with Limited Financial History: Incorporated in January 2023 and filing first accounts for a short period ending January 2024, the company lacks a track record, making it difficult to assess operational sustainability or creditworthiness.

3. Positive Indicators:

• Compliance with Filing Requirements: The company has filed its accounts and confirmation statements on time, indicating good regulatory compliance despite its nascent stage.
• Clear Ownership and Governance: Control is centralized with a single significant shareholder and director (Mrs Laura Jayne Taylor) who holds 75-100% of shares and voting rights, potentially allowing for decisive management and oversight.
• Micro-Entity Status: This reduces administrative burdens and suggests the company is operating on a small scale, which may be appropriate for its business model in cleaning services.

4. Due Diligence Notes:

• Cash Flow and Funding Sources: Investigate how the company finances its operations given the negative working capital; understand any loans, overdrafts, or shareholder funding arrangements in place or planned.
• Business Model Viability & Revenue Streams: Obtain detailed operational data including contract terms, client base, and revenue projections to assess sustainability beyond the initial start-up phase.
• Director and Shareholder Backgrounds: Review the experience and financial standing of Mrs Laura Jayne Taylor and Richard Andrew Plimmer to gauge management capability and financial support potential.