Company Number: 13598539

Analysis Date: 2025-07-20 15:17 UTC

1. Risk Rating: HIGH
   The company exhibits persistent negative net current assets and shareholders' funds over several years, indicating weak solvency and financial distress. Being a micro entity with no employees and minimal current assets against liabilities raises substantial concerns about its ability to meet obligations.

2. Key Concerns:

• Negative Working Capital: The net current liabilities grew from -£321 in 2023 to -£792 in 2024, showing deteriorating liquidity and increasing risk of cash flow shortfalls.
• Negative Shareholders' Funds: Consistent deficit equity suggests accumulated losses and insufficient capital buffer to absorb financial shocks.
• No Employees and Limited Operating Scale: The absence of employees points to minimal operational activity or reliance on external contractors, which may impair operational stability and growth potential.

3. Positive Indicators:

• Timely Filing Compliance: The company is up-to-date with both accounts and confirmation statement filings, mitigating regulatory compliance risks.
• Single Controlling Shareholder: Mrs Clare Martin’s full ownership and control can enable swift decision-making and potentially facilitate capital injections if necessary.
• Micro Entity Status: Reduced reporting requirements and presumably lower overheads associated with micro status may help contain costs.

4. Due Diligence Notes:

• Investigate the nature and prospects of the company’s business model given its management consultancy SIC code and lack of employees.
• Examine director’s loan accounts and any related party transactions, particularly given the director owed the company funds in 2022.
• Review cash flow statements and bank facilities to assess short-term liquidity and funding sources.
• Clarify any plans by the shareholder/director to recapitalize or restructure the company to address ongoing deficits.