Company Number: 14673587

Analysis Date: 2025-07-29 16:50 UTC

1. Risk Rating: HIGH
   The company shows a significant negative net asset position (£-173,505) with net current liabilities far exceeding current assets by approximately £173,505. This indicates a severe solvency risk and suggests the company may struggle to meet its short-term obligations.

2. Key Concerns:

• Severe Negative Net Assets: Shareholders' funds are deeply negative, indicating accumulated losses and potential insolvency risk.
• Excessive Current Liabilities vs Current Assets: Current liabilities of £190,705 dwarf current assets of £17,200, highlighting liquidity risk and potential cash flow difficulties.
• Very Limited Cash on Hand: Cash balance is only £100, suggesting minimal liquid resources to cover immediate expenses or creditor demands.

3. Positive Indicators:

• No Overdue Filings: Accounts and confirmation statements are filed on time, indicating regulatory compliance and good governance in terms of statutory obligations.
• Active Status: The company is currently active and not under liquidation or administration, implying ongoing operations.
• Clear Ownership and Control: The two main shareholders and directors are clearly identified, supporting transparency.

4. Due Diligence Notes:

• Investigate the nature and origin of the substantial current liabilities to assess creditor exposure and payment terms.
• Review the cash flow forecasts or management plans to understand how the company intends to address the liquidity shortfall.
• Determine the company's business model viability and whether ongoing operations can generate sustainable profits to restore financial health.
• Confirm no pending legal actions or creditor enforcement that could trigger insolvency proceedings.
• Assess the director's plans for capital injection or restructuring given the negative equity position.