Company Number: 14193511

Analysis Date: 2025-07-20 17:28 UTC

1. Risk Rating: MEDIUM
   The company shows improving net asset position and solvency but remains very small and reliant on director advances, which introduces some risk. Limited financial history and low asset base also limit stability.

2. Key Concerns:

• Negative net assets in initial years and reliance on director loans indicate early financial distress and potential liquidity risks.
• Very limited current assets (£893) and small net assets (£1,137) suggest constrained financial flexibility.
• Micro-entity status and exemption from audit reduce transparency and limit external validation of financial health.

3. Positive Indicators:

• The company returned to positive net assets (£1,137) in the latest year, showing some recovery.
• No overdue filings or compliance issues; accounts and confirmation statements are filed timely.
• Stable employee count (3) indicates operational continuity since incorporation.

4. Due Diligence Notes:

• Verify repayment status and terms of director advances and any potential ongoing financial support.
• Review detailed cash flow and working capital trends beyond year-end snapshot to assess liquidity.
• Investigate business model viability and revenue streams given the "Other service activities not elsewhere classified" SIC code.
• Confirm absence of contingent liabilities or off-balance sheet exposures not reflected in micro-entity accounts.