Company Number: 12924437

Analysis Date: 2025-07-20 14:28 UTC

1. Risk Rating: HIGH
   The company consistently reports negative net current assets and net liabilities over multiple years, indicating persistent insolvency and inability to meet short-term obligations. The absence of employees and minimal share capital further underscores financial fragility and operational inactivity.

2. Key Concerns:

• Solvency Issues: Negative net current assets of £147 and net liabilities indicate the company is insolvent on a balance sheet basis.
• Lack of Operational Activity: Zero employees and no reported profit and loss account filings suggest minimal or no trading activity, raising sustainability concerns.
• Minimal Equity and Capital: Share capital is only £100 with no evidence of capital injections or reserves, limiting financial buffer against liabilities.

3. Positive Indicators:

• Compliance with Filings: The company is up to date with both accounts and confirmation statement filings, reducing regulatory risk.
• Consistent Director Presence: A single director has been in place since incorporation, providing continuity in management.
• Micro Entity Filing Benefits: Use of micro-entity accounting provisions simplifies reporting and may reduce administrative burden.

4. Due Diligence Notes:

• Investigate the nature and source of the negative current assets balance (reported as -£99) and reasons for consistent net liabilities.
• Confirm whether the company is actively trading or dormant despite its active status and SIC codes indicating publishing activities.
• Review any off-balance sheet liabilities or contingent risks not reflected in the micro-entity accounts.
• Assess the director’s plans for addressing solvency and operational sustainability given the financial position.
• Verify if there are any related party transactions or external funding arrangements supporting operations.