Company Number: 14253368

Analysis Date: 2025-07-20 14:08 UTC

1. Risk Rating: HIGH
   The company exhibits significant solvency concerns with net liabilities of £392 as of the latest financial year end despite minimal current assets and no employees. The negative net assets and shareholders' funds position suggest an inability to meet obligations without additional capital or external funding.

2. Key Concerns:

• Solvency and Negative Equity: The company reported net liabilities of £392 against current assets of just £2, indicating negative equity and a weak financial base.
• Lack of Operating Activity: No employees were reported during the year, suggesting minimal or no operational activity which raises sustainability questions.
• Limited Financial Data & Micro Entity Status: Being a micro entity with exemption from audit limits transparency and depth of financial information available to assess operational viability and cash flow health.

3. Positive Indicators:

• Compliance with Filing Requirements: The company is up to date with its annual accounts and confirmation statement filings, indicating good regulatory compliance.
• Experienced Directors: The two directors have professional backgrounds (personal trainer and chartered legal executive) which may provide complementary skills for business management.
• Clear Ownership and Control: Control is clearly defined between two individuals with equal shareholding and voting rights, which may reduce governance conflicts.

4. Due Diligence Notes:

• Investigate the nature and source of the long-term liabilities (£394) to understand creditor exposure and repayment terms.
• Clarify the current and planned business activities, given the absence of employees and minimal current assets.
• Assess the directors' plans for funding or restructuring to address negative equity and support business sustainability.
• Verify no undisclosed related party transactions or contingent liabilities exist.
• Monitor future filings for any material changes in financial position or operational activity.