Company Number: 13162805

Analysis Date: 2025-07-29 13:34 UTC

1. Risk Rating: HIGH
   The company exhibits significant solvency and liquidity concerns, with net current liabilities persisting and a very low net asset position. The negative working capital and reliance on long-term creditors present material risks to financial stability.

2. Key Concerns:

• Persistent negative net current assets: The company’s net current liabilities remain negative (£-1,843 in 2024 and worse in prior years), indicating potential cash flow constraints and difficulty meeting short-term obligations.
• Weak solvency position: Although net assets improved to a marginal positive £745 in 2024, this is minimal and follows years of negative net assets (e.g., -£24,733 in 2023), implying ongoing capital erosion.
• Dependence on long-term creditors: Creditors falling due after more than one year increased to £6,073 in 2024, which may indicate reliance on external financing to sustain operations, raising refinancing risk.

3. Positive Indicators:

• Improved net asset position in latest year: After several years of net liabilities, the company shows a small positive net asset balance as of March 2024, suggesting some recovery or capital injection.
• Timely filing compliance: The company is up to date with all statutory filings, including accounts and confirmation statements, indicating good regulatory compliance and governance.
• Active website and clear business description: Presence of an active website with contact information supports operational transparency and ongoing trading activity in a niche service sector.

4. Due Diligence Notes:

• Investigate the nature and terms of the long-term creditors to assess refinancing risk and potential pressure on cash flows.
• Review detailed cash flow statements and management accounts (not provided) to verify liquidity trends and operational cash generation capacity.
• Assess the business model sustainability given the micro-entity scale, no employees reported, and director occupations outside typical business management roles.
• Confirm whether the directors have plans or measures in place to improve working capital and profitability going forward.
• Verify if any director conduct or governance issues exist beyond the data provided.