Company Number: 15254538

Analysis Date: 2025-07-29 20:21 UTC

1. Risk Rating: HIGH
   The company shows net liabilities of £720 at its first year-end with no assets to cover its current liabilities, resulting in negative shareholders’ funds. This weak financial position at inception signals a solvency risk, as the company’s net current assets are negative and it lacks working capital.

2. Key Concerns:

• Negative net assets (−£720) indicating the company is insolvent on a balance sheet basis.
• No reported employees or operational scale, raising questions about business activity and sustainability.
• Newly incorporated with limited financial history and no profit & loss account filed, limiting insight into cash flows or trading performance.

3. Positive Indicators:

• The company is compliant with filing deadlines for both accounts and confirmation statements, showing regulatory adherence.
• Director and significant control held by a single individual with no indications of disqualification or governance issues.
• The company is categorized as micro-entity, which limits reporting complexity and may reflect a small-scale operation.

4. Due Diligence Notes:

• Investigate the nature and timing of the negative net asset balance: is the deficit due to initial setup costs or other liabilities?
• Confirm the company’s operational status and business model given its SIC codes (real estate trading and hotel accommodation) with no employees reported.
• Request management accounts or other interim financial data to assess liquidity and cash flow beyond the year-end snapshot.
• Verify the director’s background and any related parties’ transactions that may impact financial position.
• Monitor future filings for improvements or deterioration in financial health.