Company Number: 13332039

Analysis Date: 2025-07-19 11:53 UTC

1. Risk Rating: HIGH
   Justification: The company shows significant net current liabilities and negative net assets as of the latest accounts, indicating insolvency risk. The minimal share capital and very low current assets relative to liabilities raise concerns about ability to meet short-term obligations.

2. Key Concerns:

• Negative net current assets of £(807) and net assets of £(807) in 2024, deteriorated from a small positive position previously, indicating worsening financial health.
• Extremely low current assets (£74) against current liabilities (£881), signaling potential liquidity issues and inability to cover debts as they fall due.
• Minimal share capital (£1) and operating as a micro-entity with a single employee, suggesting limited operational scale and financial resources.

3. Positive Indicators:

• The company remains active and compliant with filing deadlines, showing regulatory adherence.
• Control is clearly held by a single director and PSC, which can simplify governance and decision-making.
• The company has a functional website and contact details, suggesting some operational presence.

4. Due Diligence Notes:

• Clarify the nature and timing of the current liabilities to determine if they are overdue or manageable in the short term.
• Investigate cash flow statements and recent trading performance not provided here to assess ongoing liquidity.
• Confirm the business model and revenue generation plans given the micro size and limited financial resources.
• Review the director’s plans for addressing negative equity and whether external funding or restructuring is anticipated.
• Check for any related party transactions or contingent liabilities not reflected in the balance sheet.