Company Number: 15004240

Analysis Date: 2025-07-29 14:07 UTC

1. Risk Rating: HIGH
   The company shows negative net assets (£-1,622) as at the last reporting date, indicating insolvency on a balance sheet basis. With current liabilities exceeding assets and no employees, this raises significant solvency and operational risk concerns.

2. Key Concerns:

• Negative net assets suggest the company may not be able to meet its liabilities as they fall due, indicating solvency risk.
• Zero employees and minimal operational scale imply limited business activity and uncertain revenue generation capability.
• The company is very recently incorporated (July 2023) with only one set of micro-entity accounts filed, limiting historical performance data and increasing uncertainty.

3. Positive Indicators:

• No overdue filings or compliance issues, indicating the company is meeting regulatory requirements on time.
• Full control by a single director and shareholder may facilitate swift decision-making.
• Industry classification in IT services and consultancy suggests potential for scalable business if operational matters improve.

4. Due Diligence Notes:

• Investigate the nature and timing of the £21,622 current liabilities to understand cash flow pressures.
• Clarify the company’s business model, revenue streams, and plans to return to positive net assets.
• Review the director’s plans and funding sources to support ongoing operations and liability management.
• Confirm absence of related-party transactions or loans contributing to the negative net asset position.
• Monitor future accounts and cash flow statements once available for liquidity trends.