Company Number: 14256619

Analysis Date: 2025-07-20 12:15 UTC

1. Risk Rating: HIGH
   The company shows significant negative net current assets (£-16,552) and net liabilities (£-17,102) as of the latest financial year, indicating solvency concerns. The absence of employees and minimal current assets versus substantial current liabilities raise liquidity and operational sustainability issues.

2. Key Concerns:

• Negative net assets and net current liabilities suggest the company is insolvent on a balance sheet basis.
• The company has no employees and minimal current assets (mainly cash or equivalents), which may impair operational capacity and cash flow generation.
• The micro-entity accounts show no audit, limiting the depth of financial assurance and transparency.

3. Positive Indicators:

• The company is current with statutory filings and has no overdue accounts or confirmation statements, showing regulatory compliance to date.
• The sole director and majority shareholder (Mr. Hiu Tang Ho) is a British national with control rights, indicating clear governance structure without complex ownership.
• The company operates in a defined niche (wholesale of flowers and plants) which could have stable market demand.

4. Due Diligence Notes:

• Investigate the nature of the company's liabilities and whether these include any overdue payments or potential creditor actions.
• Understand the company's revenue model and cash flow situation given the lack of employees and negative working capital.
• Assess whether the director plans any capital injections or restructuring to address the negative equity and liquidity shortfall.
• Clarify if there are any contingent liabilities or off-balance-sheet exposures not reflected in the accounts.
• Consider obtaining more detailed financial records beyond micro-entity accounts for a comprehensive risk assessment.