Company Number: 15219512

Analysis Date: 2025-07-29 15:07 UTC

1. Risk Rating: HIGH
   Justification: The company shows net current liabilities of £3,085 against current assets of only £1,050, indicating immediate liquidity concerns. Additionally, the company is newly incorporated (October 2023) with no employees and negative net assets, which heightens solvency risk and operational viability concerns at this early stage.

2. Key Concerns:

   • Negative Net Assets and Working Capital Deficit: The company’s liabilities exceed assets by £3,085, reflecting an undercapitalised position that may impair its ability to meet short-term obligations.
   • No Employees and Early Stage Operations: Zero employees reported over the period suggests minimal operational activity or reliance on external contractors; this could impact business sustainability and growth potential.
   • Limited Financial History and Disclosure: As a micro-entity, detailed profit and loss accounts are not filed, limiting visibility on revenue generation, cash flows, and operational performance.

3. Positive Indicators:

   • Compliance with Filing Requirements: The company has filed accounts and confirmation statements on time with no overdue filings or regulatory breaches noted.
   • Clear Ownership and Control Structure: The PSC register identifies named individuals with full control, supporting governance transparency.
   • Professional Accounting Support: Engagement of an accounting firm (M&S Accountants) suggests some degree of formal financial oversight.

4. Due Diligence Notes:

   • Investigate the company’s business plan, funding sources, and cash flow projections to understand plans for addressing negative net assets and working capital shortfall.
   • Clarify the operational model—whether the absence of employees is temporary or indicative of a non-trading entity—and confirm revenue streams or contracts.
   • Assess director background and capacity to support the company financially or operationally given the early-stage challenges.
   • Monitor subsequent filings for improvements in financial position and operational activity.