UP AN' AT 'EM! HISTORY LIMITED

Executive Summary

UP AN' AT 'EM! HISTORY LIMITED demonstrates significant financial distress characterized by increasing net liabilities and a severe working capital deficit, posing high solvency and liquidity risks. Although compliant with filing obligations and continuing operations without formal insolvency status, the company’s sustainability is uncertain without additional capital or operational improvements. Further investigation into liabilities, cash flow management, and director support is essential for a comprehensive risk assessment.

UP AN' AT 'EM! HISTORY LIMITED - Analysis Report

Company Number: 13909776

Analysis Date: 2025-07-20 17:10 UTC

1. Risk Rating: HIGH
   The company exhibits significant solvency and liquidity concerns, with persistent net liabilities and increasing current liabilities far exceeding current assets. The shareholder funds are deeply negative and worsening year-over-year, indicating financial distress.

2. Key Concerns:

• Negative Net Assets and Shareholder Funds: The company’s net liabilities increased from £7,956 in 2023 to £25,223 in 2024, signaling deteriorating financial health and potential insolvency risk.
• Severe Working Capital Deficit: Current liabilities (£37,529) exceed current assets (£8,236) by a large margin, indicating liquidity constraints that could impair the company’s ability to meet short-term obligations.
• Limited Scale and Single Director Control: As a micro-entity with only one employee (the director) who also owns 75-100% of shares and voting rights, there is concentration risk and limited operational depth, potentially impacting business continuity.

3. Positive Indicators:

• Compliance with Filing Requirements: The company is active, up to date with both accounts and confirmation statement filings, indicating basic regulatory compliance and governance discipline.
• Micro-Entity Reporting Exemption Utilised: The company benefits from simplified reporting standards (FRS 105), reducing administrative burden, which is typical for very small companies.
• No Indication of Formal Insolvency Proceedings: The company is not in liquidation, administration, or receivership, suggesting at least current operational continuity despite financial challenges.

4. Due Diligence Notes:

• Investigate Nature and Cause of Growing Liabilities: Clarify the composition of the £37,529 current liabilities and reasons for the sharp increase year-on-year to assess creditor risk and payment terms.
• Review Cash Flow and Business Model Viability: Given the negative working capital, detailed cash flow analysis is critical to understand how the company funds operations and meets obligations.
• Assess Director’s Plans and Financial Support: With sole director control and negative equity, verify if there are any contingent funding arrangements or restructuring plans in place to restore solvency.
• Confirm No Undisclosed Related Party Transactions: Given director’s full control, check whether there are related party loans or transactions that could affect financial stability or creditor standing.