Company Number: 15161808

Analysis Date: 2025-07-29 12:33 UTC

1. Risk Rating: MEDIUM
   The company is newly incorporated (September 2023) and is classified as a micro-entity with minimal financial history. The latest accounts show a negative net current assets position due to current liabilities exceeding current assets, which raises some liquidity concerns. However, the company reports positive net assets primarily supported by capital injections that are not yet paid up, and directors have committed ongoing support, mitigating immediate solvency risk.

2. Key Concerns:

• Negative net current assets (£4,828 current assets vs. £15,625 current liabilities) indicating potential short-term liquidity challenges.
• Called up share capital not paid (£81,000) suggests that the company has share capital authorized or allotted but not yet fully funded, which could affect available working capital.
• No employees and limited operating history make it difficult to assess operational sustainability or revenue generation capability at this stage.

3. Positive Indicators:

• Directors have explicitly stated their commitment to ongoing support, which supports the going concern assumption.
• Net assets of £70,203, supported by capital reserves, provide a buffer against liabilities.
• No overdue filings or compliance issues noted; timely accounts and confirmation statements filed.

4. Due Diligence Notes:

• Verify the status and timing of payment for the called-up share capital not paid (£81,000) to confirm availability of funds.
• Assess any contractual obligations or creditor terms related to the current liabilities to understand liquidity pressures.
• Monitor future filings and operational progress to evaluate business sustainability and revenue generation given zero employees and limited financial history.
• Confirm no director disqualifications or governance issues beyond the data provided.