Company Number: SC733350

Analysis Date: 2025-07-20 16:08 UTC

1. Risk Rating: HIGH
   The company exhibits negative net assets and net current liabilities in the most recent financial year, indicating solvency concerns. The small scale of operations and limited financial buffer increase the risk profile.

2. Key Concerns:

• Negative net assets of £208 as of 31 May 2024, worsening from £132 negative the previous year, signals a deteriorating financial position and potential solvency risk.
• Net current liabilities (£208) suggest potential liquidity challenges in meeting short-term obligations.
• Very limited operational scale with only one employee on average and micro-entity filing status, which may imply limited business activity and revenue generation capacity.

3. Positive Indicators:

• The company is current on all filings, including accounts and confirmation statements, demonstrating regulatory compliance and governance discipline.
• Recent director appointment and resignation indicate some level of active management oversight.
• The company is not in liquidation or any formal insolvency proceedings.

4. Due Diligence Notes:

• Investigate the causes of continuing negative net assets and whether there is a plan or capital injection to restore solvency.
• Review cash flow forecasts and short-term liabilities management to assess liquidity risk in more detail.
• Understand the business model and revenue streams given the micro scale and real estate letting industry classification.
• Confirm the status and role of current directors and any related party transactions given the small size and single registered address.
• Verify the accuracy and completeness of financial data given micro-entity exemptions and unaudited accounts.