THECASTLECOMPANY.CO.UK LTD

Executive Summary

TheCASTLECOMPANY.CO.UK LTD currently presents a high-risk profile due to a complete depletion of net assets and absence of current assets as of the last financial year, which suggests a halt or severe downturn in operations. While compliance with filing requirements is up to date, the financial data indicates potential solvency and liquidity challenges requiring further investigation into the company’s trading status and asset write-downs.

THECASTLECOMPANY.CO.UK LTD - Analysis Report

Company Number: 12943818

Analysis Date: 2025-07-20 12:52 UTC

1. Risk Rating: HIGH
   The company shows no assets or liabilities as of the latest financial year (2023), indicating a cessation or significant reduction of business activity. The net assets dropped from £10,000 in 2022 to £0 in 2023, with no current assets or liabilities, which raises serious concerns about solvency and operational viability.

2. Key Concerns:

• Complete depletion of net assets in the latest year despite prior positive balance sheet positions, suggesting potential financial distress or winding down of operations.
• Absence of current assets and liabilities implies no ongoing trading activity or cash flow, raising liquidity and sustainability issues.
• Micro-entity status with minimal reporting and only one employee limits transparency, making it difficult to assess business performance or risk accurately.

3. Positive Indicators:

• The company is currently active and not in liquidation or administration, with up-to-date filings and no overdue accounts or confirmation statements.
• Ownership and management are consolidated under a single director and controlling shareholder, potentially allowing for quick decision-making.
• The company operates in a defined SIC code (security systems service activities), indicating a clear business sector.

4. Due Diligence Notes:

• Investigate the cause of the complete write-down of fixed and current assets in 2023 and whether this relates to asset disposals, impairments, or cessation of trading.
• Clarify the company’s current trading status, revenue generation, and cash flow situation given the zero asset position.
• Review any informal arrangements or off-balance-sheet liabilities that may not be reflected in the micro-entity accounts.
• Conduct background checks on the director for any regulatory or compliance issues, though none are indicated here.
• Confirm the nature and extent of the company’s contracts or customer base to evaluate future viability.