Company Number: 14873141

Analysis Date: 2025-07-29 18:50 UTC

1. Risk Rating: HIGH
   This company shows significant solvency and liquidity concerns as evidenced by negative net current assets and negative net assets within less than a full year of trading. The micro-entity size and sole director/shareholder structure increase concentration risk.

2. Key Concerns:

• Negative net current assets (£-1,360) and net assets (£-1,300) indicate the company’s liabilities exceed its assets, raising solvency risk.
• Limited operational history since incorporation in May 2023, with only one employee (the director) and no audit, limiting insight into business sustainability.
• Sole director and 100% ownership concentration with Mrs. Rachel Elizabeth Williams may heighten governance and operational risk due to lack of independent oversight.

3. Positive Indicators:

• Timely filing of accounts and confirmation statements with no overdue filings shows compliance with statutory requirements thus far.
• Micro-entity accounting regime reduces complexity and administrative burden, appropriate for small start-ups.
• The company has a clear registered office and professional accountant engagement, indicating basic organizational structure.

4. Due Diligence Notes:

• Investigate the nature of the current liabilities to understand if these are trade creditors, loans, or accruals and assess their repayment terms.
• Review business plan and cash flow forecasts to evaluate how the company intends to restore positive working capital and profitability.
• Confirm the operational model and revenue generation activities given the very limited financial history and negative equity.
• Assess director’s background and related party transactions to rule out potential conflicts of interest or financial reliance on the sole shareholder.