Company Number: 14527883

Analysis Date: 2025-07-29 12:58 UTC

1. Risk Rating: HIGH
   The company shows negative net assets and net current assets despite being dormant, indicating potential insolvency risk if it were to commence trading. The very limited asset base (£100) against current liabilities of £1,200 is a significant red flag.

2. Key Concerns:

• Negative Net Assets and Liquidity Deficit: The reported net assets and net current assets are both negative (£-1,100), suggesting the company currently cannot meet its short-term liabilities.
• Dormant Status with Financial Deficit: Although dormant, the company’s balance sheet shows liabilities exceeding assets, which is unusual and may signal unresolved obligations or accounting issues.
• Single Director and PSC Concentration: Control is fully concentrated in one individual, which may increase governance risk due to lack of oversight or checks and balances.

3. Positive Indicators:

• Compliance with Filing Requirements: The company is up to date with accounts and confirmation statements, with no overdue filings, which demonstrates good administrative compliance.
• Micro-Entity Filing and Dormant Status: The company benefits from simplified filing requirements, reducing compliance burden and costs during its dormant phase.
• Clear Ownership and Control: The 100% ownership and voting rights by the director provides clarity on decision-making authority.

4. Due Diligence Notes:

• Investigate the nature and origin of the current liabilities (£1,200) given the dormant status and minimal assets.
• Clarify the plans for activating trading and how the company intends to address the negative equity position.
• Assess the financial capacity and creditworthiness of the sole director since the company’s financial position is heavily reliant on her.
• Confirm no undisclosed contingent liabilities or related party transactions that may affect solvency once active.