Company Number: 15025645

Analysis Date: 2025-07-20 13:02 UTC

1. Risk Rating: MEDIUM
   The company is newly incorporated with a micro-entity filing status and minimal financial history. The negative net asset position and very limited working capital indicate potential solvency and liquidity risks. However, the absence of overdue filings and a single director with full control suggest some operational stability at this early stage.

2. Key Concerns:

• Negative shareholders' funds (£-189) and net assets, indicating initial losses or undercapitalisation.
• Current assets (£11,036) only marginally exceed current liabilities (£10,625), leaving very limited liquidity buffer.
• Single-person operation with no audit and limited financial disclosure reduces transparency and increases operational risk.

3. Positive Indicators:

• Company status is active with no overdue accounts or confirmation statements, suggesting compliance with statutory filing requirements.
• Director and person of significant control are the same individual, indicating clear governance and accountability.
• Incorporated recently (July 2023) and has filed accounts timely within micro-entity regime, reflecting administrative diligence.

4. Due Diligence Notes:

• Investigate the nature and sustainability of the company’s business model in artistic creation (SIC 90030), including revenue streams and client base.
• Review cash flow projections and any expected capital injections to address negative equity and limited working capital.
• Confirm absence of any undisclosed liabilities or commitments not reflected in current filings.
• Assess director’s background and capacity to manage operational risks as sole employee and decision-maker.