Company Number: 14837004

Analysis Date: 2025-07-29 15:06 UTC

1. Risk Rating: HIGH
   The company shows a negative net asset position and current liabilities significantly exceeding current assets, indicating solvency and liquidity risks.

2. Key Concerns:

• Negative Net Assets: The balance sheet reports net liabilities of £1,471, meaning liabilities exceed assets, which is a fundamental solvency red flag.
• Cash and Working Capital Shortage: Current assets stand at only £26 against current liabilities of £1,297, highlighting extremely limited liquidity to meet short-term obligations.
• Very Early Stage with Minimal Operating History: Incorporated less than two years ago with only one employee and minimal financial data, increasing uncertainty about operational sustainability.

3. Positive Indicators:

• Compliance with Filing Requirements: Accounts and confirmation statement filings are up to date with no overdue notices, indicating regulatory compliance.
• Single Controlling Shareholder and Director: Clear ownership and governance structure with Mr. Salem Mohamed Al-Halbadi as sole controller may allow for decisive management action.
• Micro-entity Status: Simplified reporting requirements can reduce administrative burdens for this small, early-stage company.

4. Due Diligence Notes:

• Investigate the nature and timing of liabilities driving the negative working capital position and whether these are operational debts or initial setup costs.
• Clarify business model viability and planned funding sources to support operations given the minimal current assets.
• Review director’s plans and financial projections to understand how solvency and liquidity issues will be addressed.
• Confirm whether any related party transactions or financial support from the sole shareholder exist.
• Assess market conditions and competitive positioning in coffee production to evaluate sustainability.