Company Number: 15239290

Analysis Date: 2025-07-20 17:50 UTC

1. Risk Rating: HIGH
   The company exhibits a high risk profile primarily due to its negative net asset position, minimal current assets relative to liabilities, and lack of operational history beyond its recent incorporation.

2. Key Concerns:

• Negative Net Assets: The balance sheet shows net liabilities of £27, indicating the company’s liabilities exceed its assets, which is a solvency red flag.
• Insufficient Working Capital: Current liabilities (£906) exceed current assets (£878), resulting in negative net current assets (-£28), suggesting potential liquidity constraints.
• No Employees and Limited Operating History: Incorporated less than a year ago with no employees and no fixed assets, indicating the business may not yet be operational or generating revenue, which challenges operational sustainability.

3. Positive Indicators:

• Compliance with Filing Requirements: The company is current with its accounts and confirmation statement filings, demonstrating regulatory compliance and governance awareness.
• Sole Director and PSC Alignment: Single director and person with significant control (PSC) is the same individual, which simplifies decision-making and accountability.
• Industry Classification: The SIC codes (computer repair, IT services, software publishing) are in a sector with growth potential, though this is only a strategic observation.

4. Due Diligence Notes:

• Verify the nature and status of the business operations, including revenue generation, contracts, and customer base, given the absence of employees and fixed assets.
• Investigate the reasons for the negative net asset position—consider whether initial capital contributions or short-term liabilities explain this and any plans to rectify it.
• Review director’s background and financial support capacity, as the company appears to be in a nascent stage and may require further funding to remain solvent.
• Confirm any related party transactions or loans not reflected in the micro-entity accounts that could affect liquidity or solvency.