Company Number: 14195364

Analysis Date: 2025-07-29 16:15 UTC

1. Risk Rating: HIGH
   The company's financial statements show persistent negative net assets and net current liabilities over three consecutive years, indicating insolvency risk. The micro-entity status and minimal current assets compared to liabilities highlight limited financial resources.

2. Key Concerns:

• Negative net assets and working capital deficit (-£0.92k) consistently reported since incorporation, suggesting inability to cover short-term obligations.
• Lack of audit and minimal financial disclosures limit transparency on underlying operational performance and cash flows.
• Single director and sole significant controller concentration increases governance and operational dependency risk.

3. Positive Indicators:

• Company remains active and compliant with filing deadlines, indicating regulatory adherence.
• Clear ownership and control structure with an identified director and PSC may aid accountability.
• The company holds an active website and valid VAT registration, suggesting operational engagement.

4. Due Diligence Notes:

• Investigate the company's cash flow sources and plans to address negative equity and working capital shortfall.
• Review contracts, client base, and revenue-generating activities to assess operational viability given minimal reported assets.
• Confirm director's background and capacity to sustain the business given sole control and responsibility.