Company Number: 12995398

Analysis Date: 2025-07-20 14:31 UTC

1. Risk Rating: HIGH
   The company demonstrates significant solvency and liquidity concerns, evidenced by persistent negative net current assets and shareholders' funds. The dormant status and minimal financial activity over multiple years raise questions about operational sustainability.

2. Key Concerns:

• Negative net current assets (£-239) and shareholders' funds (£-240) indicate the company’s liabilities exceed its assets, posing solvency risks.
• Dormant account status for consecutive years suggests no trading activity, which may imply the company is not generating revenue or cash flow to service liabilities.
• Minimal cash balance (£1) and no employees reflect an absence of operational activity, raising concerns about the company’s ability to meet any financial obligations or sustain business operations.

3. Positive Indicators:

• The company is compliant with statutory filing requirements, with no overdue accounts or confirmation statements reported.
• The single director and 100% shareholder, Miss Anca Enica, maintains control, which may facilitate swift decision-making.
• No indication of formal insolvency procedures (liquidation, administration, receivership) currently in place.

4. Due Diligence Notes:

• Investigate the nature and origin of the £240 current liabilities to understand obligations and potential risks.
• Clarify the company’s intended business activities moving forward given the dormant status and lack of operational data.
• Confirm if there are any off-balance sheet liabilities or contingencies not reflected in the dormant accounts.
• Assess the personal financial standing and commitment of the controlling director to support the company if required.
• Review any recent or planned changes in company strategy or capital structure that may affect solvency.