Company Number: 14779784

Analysis Date: 2025-07-20 16:16 UTC

1. Risk Rating: HIGH
   The company exhibits significant solvency and liquidity concerns, with net current liabilities of £23,805 and net negative shareholders’ funds of £23,805 only one year after incorporation. This indicates the company is unable to meet its short-term obligations from current assets.

2. Key Concerns:

   • Negative Net Current Assets and Net Liabilities: Current liabilities (£25,005) far exceed current assets (£1,200), primarily due to director loans, resulting in a working capital deficit.
   • Dependence on Director Loans: The entire current liability is a loan from the director, suggesting reliance on related party funding without external financing or operational cash flow.
   • No Operational Activity Indicated: The accounts show zero employees and no evidence of revenue or profit generation, raising questions about business sustainability.

3. Positive Indicators:

   • Compliance and Timely Filing: The company is active, not in liquidation, and all statutory filings (accounts, confirmation statements) are up to date and not overdue.
   • Clear Ownership and Control Structure: Single director and 75-100% ownership by Mr. Callum Bradley Parr, facilitating straightforward decision-making.
   • Small Company Reporting: The company benefits from simplified reporting obligations, reducing administrative burden during early development stages.

4. Due Diligence Notes:

   • Investigate the nature and terms of the director loans: Are these formalized with interest? What are the repayment expectations?
   • Review business plan and cash flow forecasts to assess path to operational viability and debt servicing.
   • Confirm absence of other liabilities or contingent obligations not reflected in accounts.
   • Assess market and operational risks relating to SIC code 10890 (manufacture of other food products) given lack of employees and revenues.
   • Verify director’s capacity and intent to support the company financially or operationally going forward.