Company Number: 14182990

Analysis Date: 2025-07-29 13:06 UTC

1. Risk Rating: MEDIUM
   The company demonstrates positive net assets and shareholder equity, but the significant level of creditors, particularly long-term liabilities, relative to current assets poses a moderate solvency risk. The balance sheet indicates some financial strain despite positive equity.

2. Key Concerns:

• High Creditors vs. Low Current Assets: Current assets (£1,687) are substantially lower than current liabilities (£108,421), indicating potential liquidity issues to meet short-term obligations.
• Negative Net Current Assets: Net current assets are negative (-£106,734), signifying working capital deficits that could impact operational cash flow.
• Volatile Net Assets and Shareholders’ Funds: Net assets moved from a slight negative (-£41 in 2023) to a small positive (£17,999 in 2024), showing some improvement but still at a low absolute level relative to total liabilities.

3. Positive Indicators:

• Fixed Assets Stability: Fixed assets remain consistent at £350,703, suggesting some tangible asset backing the company’s operations.
• Timely Filings and Compliance: No overdue accounts or confirmation statements, indicating good regulatory compliance and governance discipline.
• No Employees: Zero employees reported, which may imply lower operational overheads, potentially benefiting cash flow management.

4. Due Diligence Notes:

• Review the nature and terms of the £225,970 creditors falling due after more than one year to understand the long-term debt structure and repayment obligations.
• Investigate the company’s cash flow mechanisms given the negative net current assets and low current assets to assess liquidity management in daily operations.
• Obtain more detailed financial performance data (profit and loss, cash flow statements) if available, to evaluate operational sustainability and profitability trends.
• Confirm asset valuations and verify if fixed assets are encumbered or available as security for creditors.