Company Number: 14114594

Analysis Date: 2025-07-20 16:59 UTC

1. Risk Rating: HIGH

Justification: The company exhibits significant liquidity and solvency concerns with current liabilities vastly exceeding current assets, resulting in a substantial net current liability position. The negative working capital and reliance on long-term creditors raise questions about its ability to meet short-term obligations. The very low net asset value relative to fixed assets and liabilities suggests financial fragility.

2. Key Concerns:

• Liquidity risk: Current liabilities (£106,939) far exceed current assets (£1,249), leading to net current liabilities of approximately £105,690, a serious cash flow warning.
• Solvency risk: Large amounts of long-term creditors (£294,025) against modest net assets (£7,705), indicating potential difficulties in covering debts and possible over-leveraging.
• Operational sustainability: The company has no employees and minimal current assets, which may indicate limited ongoing operations or revenue generation capability.

3. Positive Indicators:

• Timely filing: The company is up to date with both accounts and confirmation statement filings, reflecting compliance discipline.
• Fixed assets: The company holds significant fixed assets (£407,420), which could provide collateral value or operational capacity.
• Established control structure: Directors and PSCs are clearly identified without any reported disqualifications or governance issues.

4. Due Diligence Notes:

• Investigate the nature and terms of the substantial liabilities (both current and long-term creditors) to assess repayment schedules and creditor relationships.
• Examine the company's cash flow statements and revenue generation activities to understand operational viability given no employees reported.
• Assess the valuation and liquidity of fixed assets to determine their ability to be monetized if required.
• Review any intercompany loans or related party transactions that may explain the large creditor balances.
• Confirm absence of director or regulatory compliance issues beyond the available data.